Business

Reeling in the Wirecard scandal,” Germany’s DAX is Becoming its largest overhaul

Germany’s DAX index intends its sweeping overhaul since its beginning, including 10 new businesses and new superior controllers following the implosion of both Wirecard AG rocked investor confidence at the judge. Indicator operator Qontigo, a unit of Deutsche Boerse AG, can raise the amount of associates to 40 out of 30 in the next quarter […]

Business

Santander Purchases Funds out of Wirecard, as Neglected payments Firm Has Been wound down

Banco Santander SA agreed to purchase highly technical technology resources from Wirecard AG, the collapsed German payment processor that is winding down its operations. The agreement will help assemble Santander’s international payments platform since the lender grows, the Madrid-based firm said Monday in an emailed statement. Approximately 500 Wirecard workers who handle the technology will […]