Shares in fallen German fintech giant Wirecard jumped 138% during Monday trade, in what appears to be the latest irrational market pump for stock that could soon be worthless. But despite more than ...

More than a year after allegations of forgery and fraud at German payments company Wirecard AG, analysts have decided the stock isn’t worth buying -- now that it’s lost more than three-quarters of its ...

BERLIN (AP) — German lawmakers presenting a report Tuesday into the collapse of the payment processing company Wirecard accused the country's finance minister and auditors Ernst & Young of numerous ...

Embattled German fintech firm Wirecard said it would be filing for insolvency over the $2.1 billion ‘black hole’ that’s led to the arrest of its CEO Markus Braun. The Frankfurt Stock Exchange had ...

Markus Braun, who resigned last week as CEO of Wirecard, has now been arrested in Germany on charges of accounting fraud and manipulating the share price, says Simon Foy in The Daily Telegraph. He has ...

Wirecard shares are down roughly 85% over the past week, and Bank of America thinks there's more pain to come for the besieged stock. Analyst Adithya Metuku lowered his target price on Wirecard shares ...

Wirecard's stock exploded as much as 184% on Monday, rebounding from catastrophic lows last week after the German payments processor filed for insolvency, following days of dramatic events including ...

With €1.9 billion ($2.1bn) in cash missing, it appears that Wirecard may join an illustrious lineup of large cap stock frauds in Europe and China. It is notable that the U.S. market has not ...

Wirecard’s auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60 percent as the German payments firm warned the delay could cause billions ...

Fixes spelling of Braun's name. German payments processor Wirecard announced the resignation of its chief executive, Markus Braun, a day after the company reported a 1.9 billion euro hole in its ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. BERLIN (AP) — German lawmakers presenting a ...