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Muni Fund Outflows Continue Despite Rally and Today’s Other Top Stories
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Today’s Best of The Bond Market
Hargreaves Lansdown Share Dealing 2021 Review
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Hargreaves Lansdwon Online Broker review:
What are its pros and cons? What are the financial instruments traded here? What are its trading fees? Here is the indepth HL review…
Wirecard: Germany’s financial crime unit failed to pass on reports of suspicious trading
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Germany’s financial crime unit handed police “only two” of a 1,000 reports it had about suspicious trading activity at Wirecard before the payments firm collapsed in June. The Financial Intelligence Unit (FIU) passed on only a couple of reports about the former fintech champion before June, according to the Munich public prosecutor on Tuesday. Wirecard…
Wirecard files for insolvency, black hole widens to $4bn
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German payments firm Wirecard filed for insolvency on Thursday as it was revealed the black hole in its accounts means it owes creditors almost $4bn. The national fintech champion was worth $28bn after it was admitted to the DAX stock index two years ago, but now becomes the first company to the admitted to the…
Former Wirecard boss released on bail in missing €2bn case
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The former boss of Wirecard, the German payments firm where almost €2bn has gone missing, has been released on bail by the police. Markus Braun (pictured) posted €5m set by a Munich court and walked free one day after turning himself in on Monday evening and being arrested by police, his lawyer Alfred Dierlamm told…
Wirecard stock plunges almost 50%, says €1.9bn of missing cash does not exist
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Scandal-hit German firm Wirecard warned investors that the €1.9bn it has spent the last several weeks searching its banks for probably does not exist. The fintech payments firm said it would probe whether its trustees who set up the cash fund acted for the “benefit of the company”, it added in a statement on Monday….
How to Buy the Best 5G Stocks of 2021
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In the coming years, most countries around the world will begin to switch from 4G to 5G cellular networks, ushering in a new wave of innovation and digitalisation. 5G will bring about speeds approaching several gigabits per second (about 50x faster than 4G), better reliability, and will enable a more connected and intelligent world. The…
Lufthansa and Air France follow US rivals into bailout talks
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European biggest airlines Deutsche Lufthansa and Air France agreed to get government support to survive in a challenging environment that has forced them to ground the majority of aircraft, leaving them to burn millions of euros in staff and maintenance costs. Air France agreed to a €7bn bailout from the French government. The bailout package,…