Insight - Goldman solution could work out fine for Jack Ma

By ANJANI TRIVEDI

Ambitious firm: Jack Ma’s Ant Group is considering becoming a financial holding company that would be regulated like a bank. — AP

ATTEMPTING to regain the good graces of Chinese authorities, Jack Ma’s Ant Group is considering becoming a financial holding company that would be regulated like a bank.

The move would curb its ambitions to become a future-forward fintech company that’s more than a bank or mobile-payments provider.

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Insight , Jack Ma , Ant Financial , Goldman Sachs , Lehmen Brothers , China , authorities , orofits ,

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