Ant Group outbids Citadel Securities for Credit Suisse's China unit: Bloomberg

Ant Group outbids Citadel Securities for Credit Suisse's China unit: Bloomberg

FILE PHOTO: A Swiss flag is pictured above a logo of Swiss bank Credit Suisse in Bern, Switzerland, November 15, 2023. REUTERS/Denis Balibouse/File Photo

Fintech giant Ant Group has outbid billionaire Ken Griffin’s Citadel Securities for Credit Suisse’s investment bank venture in China, Bloomberg News reported on Sunday, adding it was unclear whether the Chinese company’s offer would succeed.