Home Start-Up Implosion of high-flying billionaire trio shows pledging risks

Implosion of high-flying billionaire trio shows pledging risks

by Economic Times
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Pledging is big in Asia, where state-owned banks dominate financial markets and high-growth companies are more common. Tycoons in China and India often turn to lenders and other financial-services firms that offer cash in exchange for committed shares.

This Implosion of high-flying billionaire trio shows pledging risks was originally published on https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/implosion-of-high-flying-billionaire-trio-shows-pledging-risks/articleshow/76762136.cms

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