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Germany’s Deutsche Bank Offers A Lifeline To Wirecard Bank

PYMNTS

We are in principle prepared to provide this support in the context of a continuation of business operations, if such assistance should become necessary,” Deutsche Bank told the newspaper. The move would be in collaboration with the Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator. “We

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Coronavirus Crippling $1.7T Tourism Sector

PYMNTS

Previous travel industry downturns were triggered by the 9/11 terrorist attacks in 2001, the SARS pandemic in 2002 and the Iraq war in 2003. We had our ups and downs in the past, but nothing like this,” said Roberto Cassani, 58, president of the Como hotel operators’ association.

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DOJ Nearing Decision On Antitrust Suit Against Google

PYMNTS

Google has also faced accusations of abusing its dominance of Android, its smartphone operating system. The two sides settled in 2001. House of Representatives Judiciary Committee has ongoing investigations into Google, Amazon.com Inc., Facebook Inc. and Apple Inc. Yelp has said Google favors its own products in search results. .

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Does your bank achieve positive operating leverage?

Jeff For Banks

When a significant portion of your cost structure is fixed, then growing revenues should generate positive operating leverage. Clearly, part of this consolidation wave was attributable to FIs striving for economies of scale and positive operating leverage. My research into the subject says no. It has made six acquisitions totaling $32.6

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FinCEN AML/CTF Priorities Part 6: Transnational Organized Crime (TOC)

Abrigo

in 2001 began outlining strategies to combat transnational organized crime. The FBI explains TOC groups are “self-perpetuating associations of individuals who operate, wholly or in part, by illegal means and irrespective of geography.” A Focus Since 2001. Would you like others articles like this in your inbox?

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Georgia’s Push To Reopen Falls Flat As Consumers Stay Home

PYMNTS

That compares to the years 2001 and 2008 when the federal government also distributed stimulus funding to kickstart the economy, 90 percent of which was spent on durable consumer goods like cars and appliances.

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Takeout Marketplace Just Eat Makes Round Of Layoffs

PYMNTS

On the heels of Just Eat’s merger of customer and restaurant operation teams, Just Eat is shrinking its workforce to get rid of redundancies. Existing customer and restaurant operations teams were combined into one global unified team so the company can “…ensure our operations are set up to deliver the best possible service.”.