Emerging Markets Roundup
The world’s largest sovereign wealth fund increasingly engages in activism over the governance of companies it invests in.
The government of India has set up a new type of bank intended to support funding for large projects.
Corporate Finance & Capital
UK regulators are probing the behavior of Barclays CEO Jes Staley for his efforts to unmask a whistleblower, raising issues of confidentiality, liability, culture and honesty throughout the banking industry.
Alipay is partnering with banks around the world to provide its Chinese customers with seamless service at their preferred tourist destinations, with Italy’s UniCredit Bank following France’s BNP Paribas and Barclays in the UK.
Facing increasing competition from Amazon and Alibaba, India’s Flipkart ecommerce platform has turned to Microsoft, Tencent and eBay for financial, technical and market support.