The EU is investigating Germany's financial regulator over the collapse of payments company Wirecard in a rare move that heaps embarrassment on Berlin days before it is due to take over the EU's rotating presidency.
Wirecard's implosion on Thursday, owing creditors almost $4bn , is shaping up to be one of Germany's biggest corporate scandals, and regulator BaFin has come under fire for not spotting problems sooner...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.
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