article thumbnail

Germany’s Deutsche Bank Offers A Lifeline To Wirecard Bank

PYMNTS

Deutsche Bank, the Frankfurt-based multinational financial services company, is in talks with regulators to rescue Wirecard Bank, the deposit-taking division of the German payment company that is facing one of the country’s biggest accounting frauds, the Financial Times reported. The action was triggered when accountants reported $2.1

Houston 278
article thumbnail

Warehouse Space Going For Premium Rates

PYMNTS

According to a new report from CBRE, things are about to get even worse. percent — the lowest such figure since 2001. Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth.

Honolulu 100