It is not known whether and how the Wirecard management thanked one of its most loyal supporters. Heike Pauls would have deserved special praise several times. Not only did the Commerzbank analyst, who is professionally obliged to keep a distance, dismiss critical press reports from Wirecard as “fake news” and, shortly before the collapse of the scandal group, fantasized about 230 euros as a target price for the share; it also supplied the management of the payment service provider with confidential information that it had previously collected on the capital market. This is shown by confidential emails that SPIEGEL has received.
The state-owned money house was one of Wirecard’s largest lenders until the end. But this loan has long been worthless. Commerzbank had to write off around 175 million euros on Wirecard last year.
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https://www.spiegel.de/wirtschaft/unternehmen/wirecard-commerzbank-analystin-heike-pauls-versorgte-wirecard-mit-informationen-a-444a1ece-25d7-45a1-a86d-a6cef2cbd5d3
Wirecard Commerzbank analyst Heike Pauls Wirecard information
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