What is EJMR?

In November, the Chinese e-commerce giant Alibaba announced it was buying a stake in Paytm, a leading mobile payments platform.It is believed that Alibaba plans to sell the e-wallet company for a reported $US8.5 billion.In a statement, Paytm said: We believe that Alibaba is the perfect partner to partner with to accelerate growth and bring […]

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Why some lenders are selling out to banks, brokers, and hedge funds

Some lenders and brokers are turning to more sophisticated ways of financing debt for a growing number of borrowers, who are wary of paying the high interest rates and risk of default, according to research and banking executives.The moves come as investors are buying up assets that were previously held by companies that were insolvent, […]

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