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Credit Suisse Posts $275 Million Loss After Taking Hit Over Hedge Fund

Credit Suisse Posts $275 Million Loss After Taking Hit Over Hedge Fund
Credit Suisse Posts $275 Million Loss After Taking Hit Over Hedge Fund
April 22, 2021  |  Earnings

While Credit Suisse Group AG posted a 31 percent year-over-year rise in net revenues for Q1 2021, the Swiss bank generated a loss for the...

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Grocery Roundup: Grocers Eye Policy Changes And Next-Gen Technologies
Grocery Roundup: Grocers Eye Policy Changes And Next-Gen Technologies
April 22, 2021  |  Retail

On Wednesday (April 21), over 230 representatives from 143 businesses in the grocery industry and other parts of the food supply chain convened for a...

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Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
April 22, 2021  |  Security & Fraud

Wirecard staffers reportedly took millions of euros in funds from the firm’s German base in plastic bags during a timeframe that spanned years, the Financial...

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Payments Are Most Transformational When They Transform Something Else
Payments Are Most Transformational When They Transform Something Else
April 22, 2021  |  Payments Innovation

Amir Wain, founder and CEO of i2c, dives into the power of payments to transform not only the transaction itself, but the entire customer journey....

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Equifax Logs 20 Pct Q1 Growth In Core, Non-Mortgage Business 
Equifax Logs 20 Pct Q1 Growth In Core, Non-Mortgage Business 
April 22, 2021  |  Earnings

Equifax posted its first-quarter results on Wednesday (April 21) that showed continued outperformance measured against its key markets, such as mortgages and workforce solutions geared...

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Saudi BNPL Firm Tamara Raises $110 Million Led By Checkout.com
Saudi BNPL Firm Tamara Raises $110 Million Led By Checkout.com
April 22, 2021  |  Investments

Checkout.com, an eCommerce company, is leading a $110 million funding round for Saudi payments firm Tamara, which bills itself “the leading buy now, pay later...

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Over 720,000 UK Businesses Are Facing Steep Financial Hardship
Over 720,000 UK Businesses Are Facing Steep Financial Hardship
April 22, 2021  |  International

Companies across 22 sectors in the United Kingdom are undergoing the fastest uptick in significant financial distress in more than seven years, the Financial Times...

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MarineMax Boat Retailer Reports Strong Sales For Q2
MarineMax Boat Retailer Reports Strong Sales For Q2
April 22, 2021  |  Retail

It’s been smooth sailing for MarineMax, the largest recreational boat and yacht retailer. The company reported that revenue for the quarter ending March 31, 2021...

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Genuine Parts Reports Strong Q1 Sales Amid Surge In Auto-Related Spending
Genuine Parts Reports Strong Q1 Sales Amid Surge In Auto-Related Spending
April 22, 2021  |  Retail

The parent company of over 10,000 NAPA Auto Parts stores reported strong sales for the first quarter that ended on March 31. Atlanta-based Genuine Parts...

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