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PRESS DIGEST- Financial Times - Nov. 3

Nov 3 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- Loan 'holidays' extended to six months after new English lockdown on.ft.com/384Qczj

- Former Wirecard CFO released on bail after three months in prison on.ft.com/3mJxiSQ

- U.S. mall owner CBL files for bankruptcy on.ft.com/329mS7f

- Nexi in exclusive talks to buy Nordic payments rival Nets for EUR 7.2 bn on.ft.com/2I1Vot8

Overview

- UK’s Financial Conduct Authority said that mortgage, loan and credit card borrowers may seek further repayment holidays after the UK government announced a second lockdown to contain the spread of COVID-19.

- Former Wirecard AG chief financial officer Burkhard Ley was released after spending more than three months in police custody, according to Munich prosecutors.

- U.S. mall owner CBL & Associates Properties Inc has filed for bankruptcy, as the COVID-19 pandemic kept shoppers away from its properties, due to which many of its tenants have withheld millions of dollars in rent.

- Italian payments group Nexi SpA said it has offered to buy Danish rival Nets in an all-share deal worth 7.2 billion euros ($8.38 billion), as European groups race to consolidate the fragmented digital sector.

$1 = 0.8592 euros Compiled by Bengaluru newsroom

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