Wirecard collapse leads to call for German parliamentary inquiry

[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…

UPDATE 1-Italy’s Nexi to pick 13 banks for Milan listing – sources

[ad_1] By Valentina Za, Gianluca Semeraro (Adds details, context) MILAN, Feb 1 (Reuters) – Italian banking service provider Nexi will hire 13 banks to run what could be Italy’s biggest…

Italy’s Intesa sells merchant payments business to Nexi, takes stake

[ad_1] By Valentina Za, Elisa Anzolin MILAN (Reuters) – Intesa SanPaolo ISP.MI is selling its retailers’ payment business to Nexi NEXII.MI in a 1 billion euro ($1.1 billion)deal that will…

Germany bans Wirecard ‘shorting’ as prosecutors probe FT journalist

[ad_1] FRANKFURT (Reuters) – Germany’s financial watchdog has banned “short” selling of Wirecard shares due to volatility in the payments firm’s stock following reports in the Financial Times which are…

EU watchdog slams Germany for lapses in Wirecard fraud

[ad_1] By Huw Jones, John O’Donnell LONDON/FRANKFURT (Reuters) – Germany failed to do enough to avert the Wirecard fraud, the European Union’s markets watchdog said on Tuesday as it delivered…

Nexi’s private equity owners sell 8.8% stake at 14.2 euros/share

[ad_1] MILAN (Reuters) – Mercury UK, a vehicle of private equity firms that hold a controlling stake in Nexi NEXII.MI, has placed an 8.8% stake in the Italian payments group…

Outsourcer Mitie says first-half more resilient than expected

[ad_1] (Reuters) – Mitie Group MTO.L said on Thursday cost cuts eased a blow to first-half profit from the earlier-announced loss of a pair of major contracts and COVID-19 driven…

Financially distressed Aeromexico gets $50 million lifeline

[ad_1] FILE PHOTO: A logo of Aeromexico is pictured inside Benito Juarez international airport in Mexico City, Mexico July 31, 2018. REUTERS/Carlos Jasso MEXICO CITY (Reuters) – Mexican airline Aeromexico…

Former Wirecard boss Braun to be quizzed by German lawmakers

[ad_1] FILE PHOTO: Markus Braun, CEO of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions attends the company’s annual news conference in Aschheim…

G4S open to offers for cash business after split approved

[ad_1] By Justin George Varghese, Yadarisa Shabong (Reuters) – G4S GFS.L will look at offers for all or part of its cash transport business after its board approved hiving it…