VIENNA (Reuters) – An Austrian lawyer has filed a criminal complaint against Wirecard’s (WDIG.DE) former Chief Executive Markus Braun and Chief Operating Officer Jan Marsalek…
Read More Wirecard's former boss faces criminal complaint in Austria
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Wirecard collapse leads to call for German parliamentary inquiry
BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud that left…
Read More Wirecard collapse leads to call for German parliamentary inquiry
Exclusive: Germany missed chances to put Wirecard on watchlist, source says
FRANKFURT (Reuters) – German regulators twice looked into tightening the supervision of collapsed payments firm Wirecard and discussed it with the German and European central…
Read More Exclusive: Germany missed chances to put Wirecard on watchlist, source says
Germany to sever ties with accounting watchdog after Wirecard scandal
BERLIN (Reuters) – The German government plans to terminate its contract with the country’s accounting watchdog after payments company Wirecard filed for insolvency last week…
Read More Germany to sever ties with accounting watchdog after Wirecard scandal
Germany's beleaguered Wirecard to proceed with business after insolvency
BERLIN (Reuters) – Wirecard, the German scandal-hit payments company, said on Saturday it would proceed with business activities after filing for insolvency and expects a…
Read More Germany's beleaguered Wirecard to proceed with business after insolvency
Wirecard collapse puts German watchdog in EU crosshairs
BRUSSELS/LONDON (Reuters) – The European Commission in a rare move has asked its markets watchdog to investigate German financial regulator BaFin over the collapse of…
Read More Wirecard collapse puts German watchdog in EU crosshairs
Wirecard files for insolvency, becoming first DAX member to fail
BERLIN/MUNICH (Reuters) – Wirecard said on Thursday it was filing for insolvency after disclosing a $2.1 billion financial hole in its accounts, becoming the first…
Read More Wirecard files for insolvency, becoming first DAX member to fail
Philippines launches investigation into Wirecard's phantom billions
MUNICH/MANILA (Reuters) – Wirecard’s $2.1 billion accounting scandal is being investigated by the Philippines, which said that the German payments firm’s former chief operating officer…
Read More Philippines launches investigation into Wirecard's phantom billions
Singapore's Grab puts partnership with troubled Wirecard on hold
SINGAPORE (Reuters) – Southeast Asian ride-hailing and payments company Grab said it had put a partnership with scandal-hit Wirecard (WDIG.DE) on hold, days after the…
Read More Singapore's Grab puts partnership with troubled Wirecard on hold
Wirecard 'disaster' piles on pressure for corporate reform in Germany
FRANKFURT/LONDON (Reuters) – Wirecard’s (WDIG.DE) fall from grace prompted calls for an overhaul of Germany’s system of corporate oversight on Tuesday, as the fraud scandal…
Read More Wirecard 'disaster' piles on pressure for corporate reform in Germany
Wirecard ex-boss Braun arrested as creditors hunt lost billions
MUNICH/FRANKFURT (Reuters) – Wirecard’s (WDIG.DE) former boss has been arrested on suspicion of falsifying its accounts, after the German payments firm disclosed a $2.1 billion…
Read More Wirecard ex-boss Braun arrested as creditors hunt lost billions
Wirecard ex-boss Braun arrested as creditors hunt lost billions
MUNICH/FRANKFURT (Reuters) – Wirecard’s (WDIG.DE) former boss was arrested on Tuesday on suspicion of falsifying accounts, after the German payments firm disclosed a $2.1 billion…
Read More Wirecard ex-boss Braun arrested as creditors hunt lost billions
'Total disaster': Phantom billions plunge Wirecard into chaos
FRANKFURT/MANILA (Reuters) – Wirecard said on Monday that 1.9 billion euros ($2.1 billion) it had booked in its accounts likely never existed, a black hole…
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Wirecard's missing money didn't enter Philippine financial system, central bank says
MANILA (Reuters) – None of the $2.1 billion missing from scandal-hit German payments firm Wirecard AG appears to have entered the Philippine financial system, the…
Read More Wirecard's missing money didn't enter Philippine financial system, central bank says
Wirecard CEO exits as search for missing billions hits dead end in Asia
FRANKFURT/MANILA (Reuters) – Wirecard’s chief executive quit on Friday as the German payments firm’s search for $2.1 billion of missing cash hit a dead end…
Read More Wirecard CEO exits as search for missing billions hits dead end in Asia
Wirecard slumps 40% as search for missing billions turns to Philippines
FRANKFURT (Reuters) – Wirecard shares fell by more than 40% as two Philippine banks said the German payments company, which is scrambling to find $2.1…
Read More Wirecard slumps 40% as search for missing billions turns to Philippines
Germany's BaFin has no plans to ban Wirecard short-selling
FRANKFURT (Reuters) – Germany’s financial watchdog BaFin said it has no plans to ban short-selling in payments company Wirecard even as hedge funds increased their…
Read More Germany's BaFin has no plans to ban Wirecard short-selling
Board member overseeing Wirecard audit elected chairman
BERLIN (Reuters) – The board member overseeing an outside audit of Wirecard has been elected as chairman of the German payments company as it battles…
Read More Board member overseeing Wirecard audit elected chairman
Wirecard rejects FT report as shares drop
LONDON/BERLIN (Reuters) – Germany’s Wirecard rejected allegations of impropriety on Tuesday after the Financial Times newspaper published documents on the company’s accounting practices which it…
Read More Wirecard rejects FT report as shares drop
Wirecard raises EBITDA, revenue and transaction targets for 2025
BERLIN (Reuters) – German payments firm Wirecard on Tuesday said it was increasing its 2025 targets for transaction volume, revenue and EBITDA due to organic…
Read More Wirecard raises EBITDA, revenue and transaction targets for 2025
Wirecard deal with AUTO1 first fruit of SoftBank alliance
FRANKFURT (Reuters) – German payments company Wirecard AG said on Thursday it was teaming up with car-dealing platform AUTO1 Group to offer digital financial services…
Read More Wirecard deal with AUTO1 first fruit of SoftBank alliance
Wirecard teams up with India to issue tax ID cards
FRANKFURT (Reuters) – German payments company Wirecard said on Wednesday it would work with India to simplify the process of issuing tax identity cards required…
Read More Wirecard teams up with India to issue tax ID cards
Prosecutors: FT report on Wirecard gave us no reason to launch criminal probe
BERLIN (Reuters) – A Financial Times report on alleged wrongdoings at German payments company Wirecard gave no reason to launch a criminal probe, German prosecutors…
Read More Prosecutors: FT report on Wirecard gave us no reason to launch criminal probe