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 payments company Wirecard .The company's implosion on Thursday owing creditors almost $4 billion is shaping up to be one of Germany’s biggest corporate scandals.The financial technology company, which disclosed a gaping $2.1 billion hole in its books, is the first member of the DAX stock index to go bust, barely two years after..