news paper icon

Analyzed News

Wirecard scrambles to find missing $2.1 billion as loan crunch looms

Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments firm said the delay could cause billions in loans to be called in as soon as Friday. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: missing, billion, refused, auditor, Wirecard's, looms, Wirecard, scrambles, crunch, accounts, sending, billions, loans, called, cause, could, shares, German, payments, delay

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/nRnm2deGeHw/wirecard-scrambles-to-find-missing-2-1-billion-as-loan-crunch-looms-idUSKBN23P1KP

Related Articles