Integration

Rakuten Group aims to integrate bank, fintech units

by

[ TOKYO: Rakuten Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit cards to securities and insurance. Rakuten Group and Rakuten Bank entered into a memorandum of understanding on the re-organisation, which is set to take … Read more

Restructuring of state-owned enterprises high on agenda

by

[ Beijing: China will initiate restructuring and integration activities within its centrally administered state-owned enterprises (SOEs) this year, focusing on sectors such as information communications, new energy and equipment manufacturing, says the country’s top state-assets regulator. Speaking at a news conference in Beijing, Li Bing, deputy secretary-general of the State-owned Assets Supervision and Administration Commission … Read more