PYMNTS
AUGUST 21, 2020
While many firms returned the money at Citi’s request, the bank said in court documents, a dozen have been sued after what the bank called an “operational error” caused it to transfer $900 million of its own funds to Revlon creditors one day after the troubled cosmetics company was sued over its restructuring tactics. On Tuesday (Aug.
PYMNTS
NOVEMBER 28, 2018
.” What’s more, the executive said that advancements in tech create the possibility for WeBank to have more efficiency than traditional banks in processing loans, conducting risk analysis and offering services that are personalized.
Cube Software
MAY 11, 2023
Another, critical use case of pro forma financial statements is risk analysis. This is known as sensitivity analysis , and basically shows how risky the company's current position is. Keep in mind pro forma statements do not usually include one-time costs such as restructuring costs.
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