scandals

Germany’s Parliament Announces Plans To Investigate Wirecard 

Germany’s Parliament Announces Plans To Investigate Wirecard 
Germany’s Parliament Announces Plans To Investigate Wirecard 
September 01, 2020  |  Cybersecurity

As the criminal investigation into the collapse of Wirecard AG continues, the Bundestag (Germany’s Parliament) is planning to hold an inquiry into the payment company....

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It’s Down To The Wire For Wirecard
It’s Down To The Wire For Wirecard
August 28, 2020  |  Partnerships

Call it a case of death by a thousand cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Wirecard To Slash Hundreds of Jobs
Wirecard To Slash Hundreds of Jobs
August 25, 2020  |  Personnel

Until now, the Wirecard AG scandal that crippled the German payment company has had little impact on its 1,500 employees worldwide – but that’s about...

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Wirecard Makes Deals To Sell Its Brazil, UK Operations
Wirecard Makes Deals To Sell Its Brazil, UK Operations
August 21, 2020  |  Cross-border Payments

As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. Get...

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Former Wirecard Exec Reported Dead
Former Wirecard Exec Reported Dead
August 13, 2020  |  Personnel

The Philippines government has confirmed that Christopher Bauer, a former executive of the bankrupt German payments company Wirecard AG, has died, Reuters reported. Get the Full...

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Report: Wirecard Execs May Have Hidden $1B Before Collapse
Report: Wirecard Execs May Have Hidden $1B Before Collapse
August 07, 2020  |  Cybersecurity

In anticipation of its collapse in June, Wirecard AG executives may have raided the German payment company and deposited $1 billion in partner companies while...

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EU Banks Face Massive Losses On Exiting Wirecard Loans
EU Banks Face Massive Losses On Exiting Wirecard Loans
July 17, 2020  |  Loans

The troubles afflicting Wirecard AG are not limited to the German payment processing company. Some European lenders say they expect to recover as little as 20...

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Lawmakers Grill Wells CEO On Account Scandals
Lawmakers Grill Wells CEO On Account Scandals
March 10, 2020  |  Legal & Regulation

Just a bit more than four months into his tenure at the helm of Wells Fargo, new CEO Charlie Scharf faced pointed questioning from lawmakers...

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