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A Deutsche Bank board member advised Wirecard's former CEO to 'finish' the Financial Times, report says

Alexander Schuetz, the board member, is said to have exchanged a set of controversial emails with t…

Shalini Nagarajan   


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Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company's $2 billion accounting scandal

Two other executives — Wirecard's former finance boss, Burkhard Ley, and Stephan von Erffa, ex-head…

Shalini Nagarajan   


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The Philippines is investigating Wirecard and its missing $2 billion, and a local lawyer says he's being framed, say reports

Wirecard collapsed after its CEO was arrested and it admitted a missing $2 billion probably didn't …

Shona Ghosh   


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Former Wirecard CEO Markus Braun has been arrested in Germany, days after the company reported that $2.2 billion was missing

An arrest warrant was issued by Munich police in name of the former paper billionaire for market ma…

Shalini Nagarajan   


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10 mins read

Billionaire FBI informant Peter Thiel dished about two Kremlin invites to private Putin meetings

Vladimir Putin's outreach to Peter Thiel, made through a Russian diplomat, occurred in 2018 at a pa…

Mattathias Schwartz,Hans-Martin Tillack   


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Wirecard dives 75% as it files for insolvency following its $2 billion accounting scandal

Wirecard's CEO Markus Braun resigned and was arrested on charges of alleged market manipulation and…

Saloni Sardana   


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Wirecard pops almost 30% as its former CEO is arrested in connection with the company's $2.2 billion accounting scandal

German prosecutors arrested Wirecard's ex-CEO Markus Braun on Tuesday on suspicions of false accoun…

Saloni Sardana   


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1 min read

Wirecard stock plummets 37% after the payments firm says $2 billion in missing cash likely doesn't exist

Wirecard's CEO resigned on Friday, and the fintech firm's share price nosedived by 80% over two day…

Shalini Nagarajan   


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Wirecard stock soars 185% as it bounces after its week from hell, but is still down 97% in 2020

German fintech filed for bankruptcy on Thursday following days of turmoil which saw its former CEO …

Saloni Sardana   


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Wirecard's former No. 2 has disappeared after its $2 billion accounting scandal, and nobody knows where he is

The German fintech's former chief operating officer Jan Marsalek has not been in contact with Wirec…

Saloni Sardana   


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A 2nd Wirecard executive gets arrested following $2 billion accounting scandal

German prosecutors didn't name the executive, but arrested the managing director of Wirecard's Duba…

Saloni Sardana   


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Wirecard has been kicked out of Germany's benchmark stock index, the latest embarrassment in its $2 billion scandal

Wirecard is leaving the DAX effective August 24 after the it was accused of a $2 billion accounting…

Saloni Sardana   


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Regulators have ordered one of Wirecard's key businesses to stop all activities and frozen customer funds amid its $2 billion accounting scandal

Wirecard applied for insolvency on Thursday days after its CEO Markus Braun was arrested following …

Saloni Sardana   


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Famed short-seller Jim Chanos reportedly made $100 million betting against collapsed fintech Wirecard

Chanos increased his bets against Wirecard after the FT launched a public investigation into the co…

Shalini Nagarajan   


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Wirecard is set to miss the very first payment on $561 million worth of debt and join the notorious 'no coupon' club

Wirecard is due to make an interest payment of 0.5% in September on $561 of bonds but it is almost …

Saloni Sardana   


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Wirecard stock will plummet to one euro as accounting scandal scares away clients, Bank of America says

A clear look at Wirecard's true value "is unlikely to arise for some time" as clients likely flee f…

Ben Winck   


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The UK's financial watchdog has allowed one of Wirecard's key businesses to resume operations after it froze all accounts last week

This comes after the Financial Conduct Authority had ordered Wirecard Card Solutions to cease all r…

Saloni Sardana   


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Wirecard files for insolvency after a devastating scandal that saw $2 billion go missing and its ex-CEO get arrested

Wirecard said it filed an application to open insolvency proceedings "due to impending insolvency a…

Shalini Nagarajan   


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3 mins read

A forensic financial expert broke down how $2 billion vanished from the balance sheet of Wirecard, whose ex-CEO was just arrested

The German payments group Wirecard has come under intense scrutiny since it said $2 billion from it…

Shalini Nagarajan