Wakefield McDonalds’ manger stole thousands from restaurant to pay off gambling debts, court is told – Pontefract and Castleford Express

Lloyd Parker replaced the takings from the Cathedral Retail Park store with bits of cut-up newspaper after using the stolen cash to attempt to win back what he had lost, Leeds Crown Court was told. The 30-year-old even spent his family’s Christmas savings money to claw back the deficit, but lost it all. Prosecutor Emily…

Intelligent Debt Management Platform Spinwheel Announces the Hiring of Bento for Business Cofounder Sean Anderson as Head of Platform and COO – KPVI News 6

OAKLAND, Calif., Aug. 20, 2021 /PRNewswire/ —Spinwheel, the leading intelligent debt API platform for fintechs, announces the hiring of Sean Anderson as Head of Platform and COO. Following the company’s $11MM seed funding, Sean joins the team to grow and scale the business and drive the product roadmap as the company extends beyond its student…

BIS Paper Warns of Delayed Corporate Insolvency Wave – Regulation Asia

Unexpected credit losses could leave banks with inadequate loss-absorbing resources, says a new working paper from the BIS. The BIS (Bank for International Settlements) has published a new working paper warning that high corporate indebtedness could present a potential roadblock to the economic recovery. The paper notes that while the Covid-19 pandemic inflicted a profound…