PayPal Increases Stake in German E-Commerce Platform Shopware to 41%
PayPal acquires additional shares in Shopware AG from Carlyle Group, boosting its ownership from 11% to 41% in the German digital commerce company.
/ 2 items
PayPal acquires additional shares in Shopware AG from Carlyle Group, boosting its ownership from 11% to 41% in the German digital commerce company.
Shares of Zions Bancorp and Western Alliance tumbled after disclosing loan fraud tied to distressed commercial mortgages. This adds to wider concerns about asset quality, following bankruptcies like Tricolor and First Brands, and raises questions about regional lenders' risk exposure.