Wirecard admitted last week that if it is unable to produce a set of new financials by the end of this week, it will have to terminate around $2 billion of loans it has received.
KPMG, the auditor that conducted Wirecard's past forensic accounting reviews, previously flagged a trustee account with about 1 billion euros in it as having "insufficiently documented payments." Further complicating Wirecard's cash position is that as of September last year, 1.7 billion euros of cash was held at regulated entities — Wirecard Bank, Germany and Wirecard Card Solutions, UK. This amount equates to nearly all of the remainder cash balance.
The "lion's share" of profits, therefore, were generated only by these three companies as of 2016, after which its profitability remained limited with negative reported earnings in full-year 2018.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
An inside look at Stanford's mental health innovation course - Business InsiderAn inside look at Stanford's one-of-a-kind course on mental health innovation, where students mingle with industry experts and develop business plans aimed at revolutionizing the healthcare industry (by AnikaNayak)
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Facebook drops censorship tools for Workplace - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So deleteFacbook Ohhhh you can’t because you love being in everyone’s business.... 😂
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
US banks seek guidance on PPP loan forgiveness - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
A financial planner's 3 money tips for clients during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Interesting I bet he got his job by affirmative action he took the job from a qualified white or Asian bet me.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »