The Wirecard logo is seen at the headquarters of the payment company in Aschheim, near Munich, southern Germany, on June 24, 2020. Christof Stache | AFP via Getty Images Wirecard’s dramatic fall from grace has put corporate governance and industry regulation in Germany firmly in the spotlight. The Munich-based payment …
Read More »
Letters from payment service provider Wirecard can be seen on a laptop screen Silas Stein | image alliance | fake pictures German shareholders association SdK has filed a criminal complaint against the auditors of the outrageous payments firm Wirecard. SdK’s complaint is directed at two current and one former employee …
Read More »
European markets advanced on Friday morning despite rising cases of coronavirus in the US and additional warnings about a second market crash from the International Monetary Fund (IMF). The pan-European Stoxx 600 rose 0.6% in initial trade, with tech stocks adding 1.2% to lead gains as all sectors and major …
Read More »
An illuminated logo is found outside the Wirecard headquarters in the Aschheim district of Munich, Germany. Michaela Handrek-Rehle | Bloomberg | fake pictures Wirecard will file an application to open insolvency proceedings in the Munich district court, the company said Thursday. The company said in a brief statement that management …
Read More »
European stocks opened lower on Wednesday due to an increase in US coronavirus cases. USA And beyond that, and regional outbreaks in Germany scared investors. The pan-European Stoxx 600 fell 1.5% during initial trade, with all sectors and major exchanges in negative territory. Car stocks, which were 2.3% lower, led …
Read More »