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Temenos Announces Independent Review of Hindenburg Claims

(Bloomberg) Temenos AG announced an independent examination of the claims of financial irregularities raised by Hindenburg Research in a report last week about the Swiss banking-software maker.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InCapital One Weighs Acquisition of Discover FinancialTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderStocks Pause Near Record as Trade ....

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Temenos non-IFRS 4Q Total Rev $298M

By Andrea Figueras Temenos posted higher revenue and earnings for the fourth quarter a few days after a short-seller published a report questioning the. ....

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Hindenburg Report Throws Swiss Fintech Temenos Into Turmoil

(Bloomberg) Temenos AG was a target of activist investors even before a report by Hindenburg Research led to the biggest drop in 15 years in the Swiss banking software company’s shares.Most Read from BloombergPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpHawaii Rightly Rejects Supreme Court’s Gun NonsenseJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionApple Readies AI Tool to Rival Microsoft’s GitHub CopilotDozens of Banks Rapidly Piled Up Commer ....

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Economist Impact report for Temenos: Europe's banks are challenging the challengers

Europe’s banks see migrating core banking systems to the cloud and SaaS as a strategic priority, to improve customer experience and ensure operations are agile and secureGENEVA, Switzerland, Feb. 16, 2024 (GLOBE NEWSWIRE) New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks and payment providers. According to the study, “Challenging the challengers: Europe’s banks face the competition”, almost h ....

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Temenos Should Oust CEO at Once, Activist Petrus Advisers Says

(Bloomberg) Activist investor Petrus Advisers called on Temenos AG to replace its interim chief executive officer immediately and address allegations made by short seller Hindenburg Research by Monday.Most Read from BloombergAlexey Navalny, Jailed Activist Who Defied Putin, Dies at 47Bond Yields Climb as PPI Curbs Dovish Fed Wagers: Markets WrapHawaii Rightly Rejects Supreme Court’s Gun NonsenseApple Readies AI Tool to Rival Microsoft’s GitHub CopilotPutin Steps Into US Race to Back ‘Old-Styl ....

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