PYMNTS

OCTOBER 22, 2020

HSBC will be restructuring its commercial banking business in Britain which will result in 300 job cuts, according to Reuters. The cuts come as part of Europe's largest bank's larger restructuring effort from earlier this year, with HSBC looking to cut costs worldwide as the ability to boost revenues becomes more difficult.

Restructuring 91

Restructuring Profit and Loss Banking Economics 91

PYMNTS

MAY 5, 2020

The company reported the second-quarter profit of its fiscal year at $460 million, or 26 cents a share, on sales of $18.01 After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 billion, up from $14.9 billion in 2019. a share a year ago. a share a year ago.

Profit and Loss 65

Profit and Loss Restructuring Entertainment Economics 65

PYMNTS

AUGUST 22, 2019

billion) for an effort that has seen the number of lenders in the nation reduced by a third to 23, savings and loans companies reduced to 25 from 40, finance houses trimmed to 11 from 19, and micro-finance and micro-credit lenders reduced by roughly 70 percent to 168, from 554. So far the government has paid at least 12 billion cedis ($2.2

Banking 46

Banking Profit and Loss Restructuring Finance 46

PYMNTS

OCTOBER 22, 2018

It turns out that gift cards are the preferred mode of payment for an increasing number of fraudsters — 26 percent last year. In all, losses to this emerging and increasingly occurring form of fraud reached $40 million in 2017, doubling the $20 million in losses reported 2015. According to the filing, Sears lists $6.9

Profit and Loss 53

Profit and Loss Restructuring Retail Compliance 53

Musings on Markets

DECEMBER 2, 2020

Setting the Table As with any valuation, the first step in valuing Airbnb is trying to understand its history and its business model, including how it has navigated the economic consequences of the COVID. In addition, growth in the experiences business will also push this metric upwards, since Airbnb keeps a 20% share of those revenues.

Profit and Loss 52

Profit and Loss Valuation Investments Numbers 52

CFO News Room

NOVEMBER 25, 2022

SNB Chairman Ammar AlKhudairy told CNBC in late October that the stake in Credit Suisse had been acquired at “floor price” and urged the Swiss lender “not to blink” on its radical restructuring plans. . But that number will fall markedly once CS confirms its entire net loss for this year. billion of losses.

Profit and Loss 100

Profit and Loss Restructuring Banking Planning 100

Barry Ritholtz

JULY 18, 2023

They just restructure their balance sheet, and if they’re smart, they restructure their operations as well to fix the issues that ultimately led them getting into bankruptcy. And it was the most profitable day of trading I’d ever had. WAGNER: You know there are a number of things that occurred. in the evening.

Investments 52

Investments Profit and Loss Restructuring Accounting 52