Wirecard process begins in Munich

December 7, 2022 © APA/APA/dpa/Peter Kneffel The Wirecard criminal trial for what is believed to be the largest case of fraud in Germany since 1945 begins in Munich on Thursday. The public prosecutor’s office accuses the former Wirecard CEO, the Austrian Markus Braun, and his two co-defendants of forming a criminal gang, falsifying the group … Read more

Wirecard process begins in Munich – Business –

7.12.2022 22:19 (Akt. 7.12.2022 22:20) The Wirecard criminal trial for what is believed to be the largest case of fraud in Germany since 1945 begins in Munich on Thursday. The public prosecutor’s office accuses the former Wirecard CEO, the Austrian Markus Braun, and his two co-defendants of forming a criminal gang, falsifying the group balance … Read more

Adler Group – Investor warns: “Shareholders face a total loss like Wirecard” – Economy

It was the most violent stock market crash in Germany since Wirecard: On Monday, shares in the real estate company Adler Group plummeted by more than 50 percent! The company previously reported a loss of 1.2 billion euros (after a profit of 191 million euros in 2020) – although it is unclear whether the company … Read more

Why the German market attracts gamblers

Trading floor of the Frankfurt Stock Exchange Historically, the Dax fluctuates more than other major indices. This attracts short-term oriented professional investors. (Photo: dpa) Düsseldorf First 39 percent down, then 21 percent up: These price movements are reminiscent of gambler shares from the penny stock area, but come from the leading German index Dax. The … Read more

British neobank Revolut expands business with its own banking license in Germany

Frankfurt The British neobank Revolut is growing rapidly. She puts the number of her customers at 18 million, around 70 percent of them in the EU and half a million in Germany. The central offer of the finance start-up (Fintech) Revolut is a finance app. But only now is the company known as “Neobank” or … Read more