- German payments company Wirecard has filed for insolvency.
- It plans to proceed with its business activities after being done so.
- Wirecard owes its creditors almost $4 billion; problem in the balance sheet.
- The insolvency filing did not include the company’s Wirecard Bank unit.
The scandal-hit German payments company Wirecard’s m....
Tags : GERMANY, WIRECARD, PAYMENT COMPANY, SCANDAL, INSOLVENCY,