Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's initial public offering of up to US$30 billion, as a joint lead manager on the Hong Kong leg, two people with direct knowledge of the matter said.
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File PhotoShare this contentHONG KONG: Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's initial public offering of up to US$30 billion, as a joint lead manager on the Hong Kong leg, two people with direct knowledge of the matter said.
Ant, backed by Chinese e-commerce giant Alibaba Group , plans to do a simultaneous listing in Hong Kong and Shanghai, in what sources have said could be the world's largest IPO and come as soon as October.A spokesman for Goldman Sachs declined to comment on the appointment. Ant also declined to comment.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia drops 1MDB charges against Goldman SachsKUALA LUMPUR — Malaysia has dropped criminal charges against Goldman Sachs over its role in the 1MDB scandal, a lawyer for the bank said Friday (Sept 4).
Source: TODAYonline - 🏆 1. / 99 Read more »
Malaysia drops criminal charges against Goldman Sachs over 1MDB bond salesMalaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over US$6.5 billion in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia drops criminal cases against three Goldman Sachs entities over 1MDB-linked bondsMalaysia has dropped all criminal charges against the UK-based Goldman Sachs International and its Asian entities Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore) Pte, owing to “new developments”.
Source: YahooSG - 🏆 3. / 71 Read more »
Goldman Sachs, Morgan Stanley lower stress capital buffers after Fed's correctionGoldman Sachs Group Inc and Morgan Stanley on Friday revised lower two key measures of the banks' ability to deploy cash in an emergency, after ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia drops criminal cases against three Goldman Sachs entities over 1MDB-linked bondsMalaysia has dropped all criminal charges against the UK-based Goldman Sachs International and its Asian entities Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore) Pte, owing to “new developments”.
Source: YahooSG - 🏆 3. / 71 Read more »
Malaysia drops criminal charges against Goldman Sachs over 1MDB bond salesMalaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over US$6.5 billion in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »