66 results

Police “wanted” poster of former Wirecard chief operating officer Jan Marsalek. Wirecard declared bankruptcy last year following revelations of deceptive accounting to the tune of €2 billion. Photograph: Sean Gallup/Getty

Wirecard’s fraud started more than a decade before the German payments company imploded, as some senior managers began establishing a network of offsh(...)

Photograph: iStock

Over 20,000 investors in total committed savings into Charles Smethurst’s German Property Group. When the ponzi scheme, which  had a ‘nerve cen(...)

Citron Research’s Andrew Left says shorting is ‘not worth it for me or my family’. .

Retail traders on Reddit’s WallStreetBets forum lost a bundle when the bubble burst, but they can console themselves that they succeeded in one of the(...)

Wirecard collapsed after it disclosed that €1.9 billion of corporate cash did not exist. Photograph: Christof Stache/AFP via Getty Images

Commerzbank has fired its former Wirecard analyst Heike Pauls after emails showed that she had briefed the disgraced payment company’s management abou(...)

Spotting that short sellers had bet against GameStop, the Redditors piled into the stock. Photograph: Tannen Maury/EPA/File

“The French revolution of finance” is how Anthony Scaramucci described last week’s crazed goings-on at GameStop, the video game retailer that the fina(...)

A review may help reassure outsiders the board is taking its responsibilities for self-improvement seriously, but it cannot guarantee the directors and their company won’t fail in future.   Photograph: René Mansi/ISPC

Heed this cautionary tale of two boards. Both carried out reviews of their directors’ efficiency and effectiveness, in line with good governance advic(...)

Fitch last year helped lead a $6 million (€4.9 million) funding round for Paris-based Sigma Partners. Photograph: Getty Images

Fitch Ratings has struck a partnership with a French artificial intelligence start-up as it seeks to improve its early detection of misconduct after a(...)

Michael McAteer, newly re-elected managing partner of Grant Thornton Ireland. Photograph: Crispin Rodwell

After months of damaging revelations about its former chief executive John Delaney, taking on the Football Association of Ireland (FAI) as an aud(...)

The dissenting views within EY raise new questions about the firm’s decade-long work as Wirecard’s auditor.

An EY anti-fraud team warned in 2018 that “red-flag indicators” at Wirecard pointed to potential accounting manipulation and required further investig(...)

EY will become Deutsche Bank’s auditor in 2021. Photograph: Tolga Akmen/AFP via Getty

Former EY partner Andreas Loetscher is temporarily stepping aside as Deutsche Bank’s head of accounting after Munich prosecutors last week launched a (...)

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • Next
  • Last »