(June 24): Markus Braun started last week with a US$1 billion (S$1.39 billion) stake in Wirecard AG, the digital payments company he ran. By the end of the week he was out of his job as chief executive officer and more than half his shares had been liquidated to meet a margin call.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply