Wirecard, the fintech behind a $2 billion accounting scandal, leaves the DAX by August 21 after a new rule kicks in

Wirecard, the fintech behind a $2 billion accounting scandal, leaves the DAX by August 21 after a new rule kicks in

Business Insider

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· German fintech Wirecard will be removed from the DAX blue chip index after a new rule kicks in on August 19.
· German stock operator Deutsche Boerse said all German insolvent firms will be removed from DAX, with 2 days trading notice, effective August 19. 
·  Wirecard filed for insolvency in June after an audit revealed...

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