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German's watchdog widens probe of possible Wirecard insider trading - Metro US

German’s watchdog widens probe of possible Wirecard insider trading

FILE PHOTO: The logo of Wirecard AG is pictured at its headquarters in Aschheim

FRANKFURT (Reuters) – Germany’s financial watchdog is widening its examination into possible insider trading of Wirecard shares to include any individuals who have sat on the company’s management and supervisory boards in 2020, a BaFin spokeswoman said on Wednesday.

The spokeswoman added that it was taking a close look at all Wirecard trades over the past few months for any irregularities.

(Reporting Hans Seidensteucker; writing by Tom Sims; Editing by Arno Schuetze)

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