So we’re *probably* really quibbling about an extended V-shaped recovery versus a protracted U-shaped recovery. This sort of thing is IMHO hard to factor into short-term market moves/noise. Personally I still think the lockdown/recession is likely to be worse/more disruptive than many expe...
“Banks have been told that relying on a small number of external suppliers could put financial stability at risk, sounding a warning months after the collapse of German payments provider Wirecard had a knock-on effect on British fintech firms… “”A major disruption, outage or...
The frequency of audit failure—seemingly without warning signs—has increased in recent years, and Wirecard is the most recent example. Carillion, BHS, Thomas Cook, Patisserie Valerie, and many other companies had each received certificates of good financial health from their respective auditing ...