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Banks face €1.6bn losses after Wirecard files for insovency

25 Jun 2020

Wirecard’s main banks are facing losses on about e €1.6bn (R31bn) of loans to the scandal-hit fintech after it started insolvency proceedings.

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This content was originally published by IoL Business Report. Original publishers retain all rights. It appears here for a limited time before automated archiving. By IoL Business Report

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