Economy

Wirecard: a regulator accused of insider trading

The German financial market supervisory authority filed a complaint against one of its employees. He would have speculated on products linked to Wirecard, on the eve of the bankruptcy of the payments specialist. Splashed by the Wirecard scandal, the German financial policeman is cleaning up. The “BaFin” filed a complaint with the Stuttgart prosecutor’s office […]

Economy

Wirecard: Felix Hufeld, boss of the German financial policeman, resigns

German Finance Minister Olaf Scholz has announced the resignation of the head of the financial supervisory authority. A decision that comes after the cascading revelations on the Wirecard file. BaFin will undergo a major reform. After the cascading revelations about the scale of the Wirecard scandal, the situation was no longer tenable: Felix Hufeld, the […]