Santander acquires Wirecard’s assets for tech expansion | Technology & AI – FinTech Magazine – The FinTech & InsurTech Platform

Banco Santander has released a statement confirming its acquisition of tech assets from insolvent payment processor Wirecard. Although not confirmed in the companys official document, other sources report the total figure exchange as being 100m. Wirecard, which declared insolvency earlier in the year following revelations that it had misplaced over US$2.3bn in funds, was formerly…

Santander picks up Wirecard Europe assets for €100M – PitchBook News & Analysis

November 18, 2020 Santander has acquired the core European business of collapsed German payments provider Wirecard. The Spanish banking group is paying 100 million for the business, which comprises the European payments platform and technology assets, according to the Financial Times. Wirecard was declared insolvent in June after a $2 billion accountancy scandal uncovered by…

Brynne Edelsten reveals VERY normal new job after going bankrupt after divorce from Geoffrey – Daily Mail

Brynne Edelsten reveals surprising new job after going bankrupt and ‘living on a budget’ following divorce from multi-millionaire Geoffrey Has Brynne Edelsten served you at a bar recently? Email: [email protected] By Candice Jackson For Daily Mail Australia Published: 09:43 AEDT, 18 November 2020 | Updated: 10:31 AEDT, 18 November 2020 View comments She was once…

High Court refuses to dismiss proceedings against former directors – Out-Law.com

Totalbrand Limited (the company) entered creditors’ voluntary liquidation on 28 July 2016. The liquidators of the company assigned certain rights of action to Cage Consultants Limited (CCL) under s.246ZD of the 1986 Insolvency Act (IA86). These rights of action included claims against the directors of the company for misfeasance, and claims under IA86 relating to…

Moscow Moves to Tighten Grip Over North Caucasus Republics – The Jamestown Foundation

(Source: resort-elbrus.ru) The economic crisis in the Russian Federation has resulted in the central government further tightening its control over the republics of the North Caucasus. Ingushetia now faces a loss of its financial autonomy. Similarly, the property rights for a key tourist enterprise in Kabardino-Balkaria have been handed over to a federally owned company.…

Bridge work to close road near Lake Charleston – Journal Gazette and Times-Courier

{{featured_button_text}} CHARLESTON Blakeman Bridge near the main entrance to Lake Charleston is scheduled to be closed for repairs, starting Tuesday. The bridge will be closed during work hours and the work is expected to last two days, a news release from the Coles County Highway Department said. Support Local Journalism Your membership makes our reporting…

2 Mall REITs Went Bankrupt — Should Investors Be Worried? – Motley Fool

Recently we learned that two mall real estate investment trusts, or REITs, declared bankruptcy after the COVID-19 pandemic decimated their already-fragile businesses. Pennsylvania Real Estate Investment Trust (NYSE:PEI) and CBL & Associates (NYSE:CBL) were the first two victims of the pandemic, but will there be others in the mall REIT space? In this Fool Livevideo…