Wave Money integrates with Wave’s financial management software for a full money management experience. | Wirecard’s future in doubt after revealing missing $2.1B | | By Sarah Syed, Jan-Patrick Barnert and Eyk Henning 3 min read | | Wirecard suffered one of the worst stock slumps in the history of Germany’s benchmark index after revealing that about 1.9 billion euros ($2.1 billion) in cash has gone missing, spooking investors who have endured years of allegations of wrongdoing at the payments company. | |
| Wirecard’s missing $2.1B forces out CEO, panics lenders | | By Clarissa Batino, Sarah Syed and Jan-Patrick Barnert 4 min read | | Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was unable to locate 1.9 billion euros ($2.1 billion). | |
| SPONSOR CONTENT | | Lease accounting | | A panel of experts shares best practices and warnings when implementing the complex new standards on lease accounting. | |
| SEC chief urged to drop U.S. Attorney bid amid political battle | | By Robert Schmidt and Ben Bain 4 min read | | U.S. Securities and Exchange Commission Chairman Jay Clayton was surprised and dismayed by the political battle that quickly erupted over his pending nomination to be the top federal prosecutor in New York, said people familiar with the matter. | |
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