Delivery apps in Mexico make temporary cut to fees as restaurants struggle

2/2 © Reuters. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19), in Mexico City 2/2 MEXICO CITY (Reuters) – Delivery apps Uber (NYSE:) Eats and Rappi have temporarily reduced their fees for restaurants in Mexico, the companies said on Friday, under pressure from industry groups to lessen the burden for eateries hammered by tighter coronavirus […]

Continue Reading

Emergency cash calls, tech IPO frenzy push 2020 banker fees to record high

© Reuters. A man uses his phone on Wall St. outside the NYSE in New York By Abhinav Ramnarayan, Clara Denina and Elizabeth Howcroft (Reuters) – Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over $ 1 trillion in 2020 and fees for investment bankers in […]

Continue Reading

EU Commission proposes lower fees for cross-border bank transfers

© Reuters. The map of Europe features on the face of a two Euro coin in this photo illustration taken in Rome By Francesco Guarascio BRUSSELS (Reuters) – Banks in the European Union will have to cut fees on cross-border payments in euros and on some currency conversions within the bloc under legislative proposals put […]

Continue Reading