German Payment Group Wirecard Missing €1.9bn

NY, USA - FEBRUARY 29, 2020: Homepage of wirecard website on the display of PC, url - wirecard.com.

peter_IFAMAG reads Twitter so you don’t have to.

Wirecard stock plumets as €1.9bn is revealed missing from the German payment group’s accounts. The Bank of England vote for extended QE programme, whilst Barclays reveal they’ve loaned £18.2bn over Covid crisis.

Dan McCrum has been covering the embattled Wirecard for some months, and broke the missing cash story earlier today.

Another journalist had this to say about the companies meltdown.

A full account here.

The Bank of England monetary policy committee vote 8 – 1 to boost quantitive easing.

Check out this thread for a fuller picture.

APPG Banking share Barlclays announcement they loaned £18.2bn in Covid support so far.

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