Wirecard filed for insolvency in June owing creditors €4bn after disclosing a €1.9bn hole in its accounts that its auditor EY said was the result of a sophisticated global fraud. Reuters
Wirecard filed for insolvency in June owing creditors €4bn after disclosing a €1.9bn hole in its accounts that its auditor EY said was the result of a sophisticated global fraud. Reuters

Banking

Wirecard closes sale of core assets to Banco Santander group

Around 500 Wirecard employees will become part of the Spanish lender's Getnet platform

Deena Kamel
Deena Kamel

January 30, 2021

On The Money

Make money work for you with news and expert analysis

      By signing up, I agree to The National's privacy policy
      On The Money