BaFin prohibits Check24’s insurance business

Check24 is no longer allowed to sell insurance As the Spiegel reports, there was cause for concern right here. The Check24 comparison portal finances GmbH promised credit customers, whom it has referred to various credit institutes via its internet platform, that they would pay up to six loan installments in the event of unemployment. However, […]

Are shareholders entitled to compensation?

Wirecard apparently has 1.9 billion euros on its balance sheet, which does not exist. The stock market price falls dramatically. Investors could get compensation. From Tom Trilges The financial service provider Wirecard from Aschheim at Munich has been under pressure for days. Because apparently 1.9 billion euros appear in the balance sheet, which, according to […]

Bundestag on Wirecard: “This is collective irresponsibility”

Cum-Ex, investor scandal, now Wirecard. “We must finally learn from mistakes and create structures that can be effectively checked,” said Green Danyal Bayaz in the Bundestag on Thursday at a current hour requested by his parliamentary group regarding the balance sheet affair at Wirecard. It should now not only point everyone involved to the other. […]

Bundestag on Wirecard: “This is collective irresponsibility”

Cum-Ex, investor scandal, now Wirecard. “We must finally learn from mistakes and create structures that can be effectively checked,” said Green Danyal Bayaz in the Bundestag on Thursday at a current hour requested by his parliamentary group regarding the balance sheet affair at Wirecard. It should now not only point everyone involved to the other. […]

Wirecard: Politicians and officials blame each other

Whe hastily conceded his own weaknesses, quickly lost in the political game of Black Peter. Felix Hufeld, President of the BaFin Financial Supervisory Authority, now knows that too. The violent criticism of his authority in connection with the Wirecard scandal surprised him very unpleasantly, he is said to have said in a hearing before the […]

Wirecard: Public prosecutor searches five objects

Wirecard headquarters In addition to the company’s headquarters in Aschheim, the public prosecutor’s office searches two properties in Munich and Austria. (Photo: Reuters) Düsseldorf The public prosecutor came to the insolvent payment service provider Wirecard on Wednesday. Since morning she has been searching a total of five objects: three in Munich, including the company headquarters […]

Failure of financial supervision at Wirecard: BaFin boss fights for his job

Felix Hufeld’s future is unclear after his appearance on the Bundestag’s Finance Committee. His authority had protected himself from Wirecard. BaFin boss Felix Hufeld is under increasing pressure due to the Wirecard scandal Photo: brennweiteffm / imago BERLIN taz | It could have been one of his last public appearances as President of the Federal […]

How Bafin boss Felix Hufeld justifies himself

Berlin, Frankfurt Felix Hufeld was more important for the finance politicians this Wednesday afternoon than the Chancellor. The hearing of the Bafin chief in the finance committee should actually end by 1 p.m. at the latest, since then Angela Merkel (CDU) commented on the German EU Council Presidency in plenary. However, from the point of […]

Wirecard before dismantling – new searches

The Dax group Wirecard, which is involved in a billion-dollar balance sheet scandal, is expected to be broken down into individual parts and sold. The provisional insolvency administrator Michael Jaffé announced on Wednesday night that “numerous interested parties worldwide had already registered for the acquisition of business areas”. In search of evidence for the allegedly […]

Investors interested in Wirecard parts – Management Board Braun terminated without notice

economy Share rises Search by Wirecard investors show interest in certain areas Stand: 01.07.2020 | Reading time: 3 minutes Wirecard’s supervisory board terminated the employment contract of CEO Markus Braun extraordinarily Source: AP / Matthias Schrader Several Wirecard properties have been searched since morning. The insolvency administrator expects the company to be broken up. A […]