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Wirecard


PARIS (Reuters) – French bank Credit Agricole said on Thursday it will seek to reclaim the payments technology it was working on with Wirecard as part of their partnership. German payments firm Wirecard filed for insolvency in June, owing creditors 4 billion euros ($4.5 billion), after disclosing a 1.9 billion-euro hole in its accounts that …

picture alliance/Getty German payments firm Wirecard’s former chief executive officer Markus Braun has been arrested by prosecutors after he turned himself in on Monday evening, according to reports. An arrest warrant was issued by Munich police in name of the former paper billionaire for market manipulation and over false statements of data that …

Markus Braun, CEO of the technology and financial services company Wirecard, poses in the company headquarters in Aschheim near Munich, southern Germany, on September 18, 2018. (Photo by Christof STACHE / AFP) (Photo credit should read CHRISTOF STACHE/AFP/Getty Images) CHRISTOF STACHE | AFP | Getty Images Wirecard CEO Markus Braun has stepped down amid a …