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EU investigating German watchdog over Wirecard collapse

FILE PHOTO: Braun and von Knoop of Wirecard AG attend the company's annual news conference in
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BRUSSELS/LONDON (Reuters) - The European Union is investigating Germany's financial regulator over the collapse of payments company Wirecard in a rare move that heaps embarrassment on Berlin days before it is due to take over the EU's rotating presidency. Wirecard's implosion on Thursday, owing creditors almost $4 billion (£3.2 billion), is shaping up to be one of Germany’s biggest corporate..
Date Published: Jun 26, 2020
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