Wirecard insolvency, Brussels to probe German regulator, Federal Reserve bans buybacks
FT News Briefing
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Intro
This chapter examines the stunning insolvency of Wirecard, a major player in Germany's DAX index, highlighting the shocking disappearance of nearly 2 billion euros. It also explores the founder's arrest and the ensuing investigations that expose serious concerns about the company's financial integrity and global operations.
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Transcript
