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At the end of a quite extraordinary two weeks in the German stock market, today Wirecard has filed for insolvency, after seeing shares tumble 90% since it emerged that €2 billion on its balance sheet 'did not exist'. It is the first time that a member of Germany's blue-chip company stocks, known as the DAX, has filed for insolvency in the market's 32-year history.


See more below:


Wirecard collapses into insolvency

https://www.ft.com/content/ac949729-6167-4b6c-ac3f-f0aa71aca193


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