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Investor TCI files criminal complaint against Wirecard managers
The investor TCI Fund Management said on Tuesday that it has filed a criminal complaint against Wirecard managers with public prosecutors in Munich.
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Japan's Softbank to buy 5.6 percent of Wirecard for around $1 billion
Japan's Softbank Group Corp will buy a 5.6 percent stake in German payments company Wirecard by acquiring convertible bonds worth around 900 million euros ($1.01 billion), Wirecard said in a statement on Wednesday.
Wirecard puts accounting manager on leave until probe ends: CEO
Wirecard has suspended an accounting employee in Singapore until an investigation into allegations of fraud and creative accounting is over, the company's chief executive told Reuters on Tuesday.
Germany bans Wirecard 'shorting' as prosecutors probe FT journalist
Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities.
Germany's Bafin bans Wirecard short positions after negative reports
Germany's financial watchdog has taken the unprecedented step of banning short selling in shares of payments firm Wirecard, a member of the blue-chip DAX index, after reports in the Financial Times sparked high volatility in the stock over recen...