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Carmine Di Sibio pledges to raise bar on audits as group tries to mitigate backlash
After Wirecard, shareholders say company accounts and audits no longer provide the information investors need
German payments processor has battled allegations of fraud, forgery and opaque business links.
Well, sort of.
An FT reporter’s explosive account of a strange trip down the Wirecard rabbit hole
QAnon; Tesla; vaccines; and much more.
Tech stocks that powered US equities to record highs this summer sharply reversed on Thursday
Financial watchdog had levelled accusations of potential market manipulation over coverage of payments processor
Intimidation, surveillance and conspiracy theories: inside the FT’s five-year investigation of a billion-dollar fraud
Lawmakers must examine an environment in which dissent is ignored
Felix Hufeld concedes BaFin should have called for investigation sooner
Decision comes as MPs question why regulators failed to detect huge corporate fraud
Coupling with Deutsche Bank could have meant hiding its ‘missing’ funds from investigators
Positions go as November date is set for first creditors’ meeting
A plan to buy Deutsche Bank is now seen as part of a desperate effort to disguise fraud at the German payments group
Munich court likely to announce on Tuesday it has formally taken next step to start insolvency proceedings
Railsbank set to take on collapsed German group’s UK payment card technology, clients and some staff
Payment group’s shares that once traded at almost €200 are now worth little more than €1
Regulatory failings over collapse of payments company could hobble finance minister’s ambitions
Reforms proposed after the fintech scandal will not be enough to fix a shaky banking sector
Presented without comment.
Local businessman accused of playing role of trustee for fake bank accounts linked to German payments group
Payments provider ramped up unsecured loans to opaque business partners in Asia to $1bn earlier this year
Short seller attacks regulator and auditors in investor letter for failing to detect signs
Christopher Bauer was being investigated over the collapse of the German payments group