Tag: publicity
“It’s not the standard what you believe”
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Munich…
“It’s not the standard what you believe”
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Munich…
Tesla investors fail in class action lawsuit against Musk
Elon Musk Tesla shareholders have failed in a class action lawsuit against CEO Elon Musk over his 2018 tweets. (Photo: dpa) san francisco Tesla shareholders have failed in a class…
Munich judiciary groans under lawsuits
Markus Brown After the Wirecard scandal, the former CEO has to answer in court. (Photo: AFP/Getty Images) Cologne On June 25, 2020, Wirecard AG filed for insolvency – shortly afterwards…
EY Germany is cutting jobs – even highly paid partners have to go
EY offices in Stuttgart The company intends to strengthen its profitability before the planned split into two independent companies. (Photo: imago images/Arnulf Hettrich) Dusseldorf The auditing company EY is streamlining…
Previous EY examiners relinquish licenses
EY offices in Düsseldorf Since 2020, the Apas supervisory authority has been examining whether and to what extent auditors violated their obligations in their work for Wirecard and what the…
Commerzbank is suing auditor EY over Wirecard losses
Commerzbank The major German bank is trying to recover its losses from the Wirecard bankruptcy in court. (Photo: dpa) Frankfurt Commerzbank wants to recover losses of around 200 million euros…
“No incriminating findings” – White & Case checks 800,000 documents
Adler construction site Many of the Adler Group’s projects have come to a standstill. The real estate group is in a permanent crisis. (Photo: Verfürden/Handelsblatt) Dusseldorf, Berlin In the struggle…
Adler Group cannot find an auditor – a historical dilemma
glassmaking district Project of the Adler Group in Düsseldorf: The group now wants to restructure its bonds under British law. (Photo: Handelsblatt/Nagel) Berlin, Dusseldorf The search of the ailing real…
KPMG does not want to check Adler’s balance sheet even after the court order
KPMG The auditors do not want to examine the accounts of the Adler Group. (Photo: Reuters) Munich The ailing real estate investor Adler must continue to worry about the examination…
Court appoints KPMG again as auditor
The Steglitzer Kreisel in Berlin is a project of the Adler Group The real estate group has been looking for a new auditor for months. Now there is hope. (Photo:…
There is a lack of diversity in the audit
Logos of the big four auditors EY’s market share in the Dax is shrinking after the Wirecard scandal. (Photo: Getty Images (2), ddp, Mauritius) The moves to regulate auditors have…
KPMG catches up with EY – Consulting boosts growth for auditors
Logos of the “Big Four” The big auditors are shifting their focus more and more to consulting. (Photo: Getty Images (2), ddp, Mauritius) Frankfurt After a period of weakness caused…
Auditor Mazars takes over stakeholder reporting
Mazars The consulting business is now the growth driver for all auditors. (Photo: Mazars) Dusseldorf The international accounting and consulting firm Mazars ends the year with a coup. She is…
Auditor EY continues to grow – but develops weaker than PwC and Deloitte
Auditor EY The company is currently growing mainly thanks to the consulting services. (Photo: imago images/Michael Gstettenbauer) Frankfurt The auditing and consulting group EY remains on a solid growth path…
Demerger delayed – IPO of the consultancy in 2024 at the earliest
EY office building: The US company wants to separate auditing and consulting. (Photo: dpa) Dusseldorf The planned split of the American auditing company EY will be significantly delayed. The large…
Beiersdorf with top rating – grade F for Tesla
electric car builder Tesla has not or only insufficiently published environmental data. (Photo: IMAGO/Jochen Eckel) Dusseldorf Professional investors pay close attention when the Carbon Disclosure Project (CDP) releases its annual…
Review of designated Commerzbank risk chief is dragging on
Commerzbank The institute had to write off 187 million euros due to failed loans to Wirecard. (Photo: dpa) Frankfurt Commerzbank is caught up in the Wirecard scandal when it plans…
All the background and information on the Wirecard scandal
The indictment is as thick as a book. The allegations by the Munich public prosecutor against Markus Braun, the former CEO of Wirecard, cover 474 pages. In 2018 the most…
The Handelsblatt with the secret report on the work of EY
Markus Braun and Jan Marsalek Most of the work on the Wirecard scandal happened behind closed doors. Dusseldorf Creditors are waiting for 3.3 billion euros, shareholders lost 24 billion euros:…