The auditing firm EY (formerly: Ernst & Young) must provide comprehensive information to the insolvency administrator of Wirecard AG and Wirecard Technologies GmbH and grant access to its case files.

HAMBURG, GERMANY / ACCESSWIRE / November 4, 2020 / The law firm Leipold has commissioned an expert opinion on the liability of BaFin. The result shows that the Bafin and the FRG are liable. According ...

MUNICH, Dec 12 (Reuters) - Former Wirecard boss Markus Braun's lawyers accused prosecutors of botching Germany's biggest post-war fraud trial at the start of his defence on Monday and alleged that ...

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The collapse of fintech darling Wirecard AG into insolvency proceedings is a total embarrassment for Germany, whose regulatory apparatus and corporate-governance system failed to properly scrutinize ...

Simple steps can make the difference between losing your online accounts or maintaining what is now a precious commodity: Your privacy. Read now On Thursday, the German payments provider, which once ...

Wirecard AG has temporarily suspended its outgoing chief operating officer after revealing that auditors couldn’t find about 1.9 billion euros ($2.1 billion) in cash, spooking investors and casting ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The German arm of the firm has opened proceedings at a ...

BERLIN (Reuters) - Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments firm said the delay could ...

After every financial scandal, the natural question that gets asked is: Where were the regulators? The answer, usually, is asleep at the wheel — or MIA altogether. When the U.S. Securities and ...

Spanish-owned bank Santander has acquired the technology assets from disgraced payments firm Wirecard - but it’s not taking on legal liability for the collapsed business. Wirecard caused enormous ...

Wirecard North America is seeking a buyer, an otherwise routine corporate move that requires a large number of assurances, given its parent company's descent into scandal. The Philadelphia-based ...