Visa Sets Aside $1.5 Billion in a Litigation Escrow Account
3 months ago
Visa Inc, a financial services corporation famous for its electronic funds transfers across the globe, has recently set apart as much as $1.5 billion in a litigation escrow account. The recent move by the company depicts its well-structured determination to cope with and handle legal risk in an efficient manner, so that even at the onslaught of possible litigation issues, the balance sheet portrays robust health.
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