Posts tagged: Wirecard

The German payment giant that begins with W, the spinners and the hedge fund manager...

Tuesday, 30 June 2020, 10:51 am

I thought I would let the venerable Financial Times bathe in the glory of its Wirecard investigation for a few days before publishing this post.

I have to admit the FT's series of articles on Wirecard is one of the finest pieces of financial journalism I have witnessed since I began my career on The Daily Telegraph's City desk all those years ago...

Read more...

A skewering by Sir Chris Hohn... - Part 2

Thursday, 7 May 2020, 7:09 am

Just when you thought things couldn't get weirder at Wirecard: along comes Deka.

The German investor, which owns a 1.6pc, shareholding in the controversial payments company is calling for the removal of Markus Braun, chief executive. Below is a link to Deka's quotes:

https://www.nasdaq.com/articles/deka-demands-removal-of-wirecard-ceo-2020-05-06..

Read more...

A skewering by Sir Chris Hohn...

Friday, 1 May 2020, 6:48 am

Does anybody else think the juxtoposition of Sir Chris Hohn taking a short position in Wirecard and his very public call for the removal of the German company's chief executive a bit odd?

You could understand why the German company's surpervisory board might acquiesce to The Childrens' Investment Fund if the firm had pursued its usual method of buying a sizeable stake in the company...

Read more...

Is the tide turning for Odey the Brexiteer? The series returns, again. - Part 2

Monday, 16 December 2019, 5:50 pm

Perhaps it isn't all bad news for Crispin Odey: his chum, British prime minister Boris Johnson, won a huge majority for the Tories on Friday.

That comes after Odey called on British business leaders to back Boris in an interview with yours truly for the Mail on Sunday's business section over the summer. Below is a link:..

Read more...

The Japanese billionaire, the embattled online payment firm and the Bitcoin punt...

Wednesday, 24 April 2019, 3:24 pm

Two separate stories about SoftBank and its leader, Masayoshi Son, broke this morning but Betaville found the juxtaposition of the pieces rather intriguing.

The first tale was about SoftBank spending almost $1 billion on Wirecard convertible bonds that could also give the Japanese conglomerate a 5.6pc stake in the German digital payments company. Below is a link to piece in the FT on the topic:..

Read more...

A Wirecard observation - Part 3

Monday, 25 February 2019, 10:17 pm

Charming Crispin was gracious enough to talk to little old Betaville last week about the Wirecard shenanigans despite the ribbing over the past few years.

So, in you case missed it over the weekend I have pasted a link to the mini interview with Crispin - last year's pest performing hedge fund manager, according to HSBC - in yesterday's Mail on Sunday's excellent business section...

Read more...

Tags: Wirecard