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

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

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