The private bank custody account: Torsten Johannsen, Otto M. Schröder Bank
At the start of the week, Wirecard shares rose strongly. The appointment of a compliance board was very well received on the market. However, CEO Markus Braun is still under pressure – after the release of the KPMG special audit, the share price downturn is closely linked to a lack of transparency and the resulting loss of trust under his responsibility.
The first quarter figures will be released on Thursday. According to the strong figures from competitor Adyen, the Wirecard market expects similarly convincing results. We continue to see great potential for the future and remain invested.
