Wirecard collapsed on Thursday owing creditors almost $4 billion after disclosing a gaping hole in its books that its auditor EY said was the result of a sophisticated global fraud. The payments company filed for insolvency at a…

Wirecard said on Monday that 1.9 billion euros ($2.1 billion) missing from its accounts was likely never there and it was looking at the sale or closure of parts of its business as it sought to avert a looming cash crunch. The former…

Ernst & Young (EY) and KPMG, two of the Big Four accounting firms, have been implicated in alleged malfeasance at the Central Bank of Nigeria (CBN) during Godwin Emefiele’s tenure as governor. This development adds Nigeria to the…

Anthony albanese, Australia’s prime minister, has called it “completely unacceptable”. Jim Chalmers, his treasurer, is “furious”. The object of their ire is pwc. The professional-services giant is in hot water over allegations that, after…

The number of companies included in Germany's blue-chip DAX .GDAXI index should rise to 40 from 30 and there should be tougher conditions for membership, exchange operator Deutsche Boerse DB1Gn.DE said on Monday. In a set of proposals…