News for Wirecard AG (WDI.SG)

Can Masayoshi Son restart 2021 with a clean slate and re-emerge as the premier venture capitalist? The jury is out.Even if its stock price has hit dot-com bubble levels, there are aging unicorns hanging around in its Fund. Also, SoftBank’s attempt to ride the SPAC boom comes across as flawed.

SoftBank managed to raise only $600 million last year in the US SPAC boom. Chamath Palihapitiya, a venture capitalist and social influencer, raised $2.1 billion in one October day alone.

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The transactions in 2015 are being scrutinised in courts in London and Chennai, with the former minority holders of Hermes I-Tickets Pvt. Ltd. saying they were cheated of millions of dollars.

Read more about Wirecard's India deal started with 'fraud': London judges panel on Business Standard. Hermes was sold at a valuation of $40 million, before being acquired by Wirecard for more than $250 million

U.S. stock-picking hedge funds, which bet on and against stocks, are more tilted toward bullish bets than in any other period since 2010.

Head of German accounting watchdog to step down in wake of Wirecard

Frankfurt prosecutor looking into BaFin handling of Wirecard

Credit Suisse Group AG said a strong start to the first quarter is fueling its growth ambitions this year, after hefty legal charges and write-downs pushed it to a fourth-quarter loss.

Two Ernst & Young auditors were told by a German court that they must testify before a parliamentary committee about their accounting work for

By Matt Wirz A billionaire hedge-fund manager is bankrolling an unprecedented campaign to force dozens of the world's largest companies to publish carbon-emission reduction plans and put them... | January 28, 2021