German prosecutors probe Wirecard management board

Munich prosecutors on Friday said they had searched Wirecard'sheadquarters and opened proceedings against the payment company's entire management board as part of a market manipulation probe initiated by Germany's financial regulator BaFin.Wirecard faces allegations including accounting irregularities and disclosure violations, which it denies.In a statement on Friday, prosecutors said the company was suspected of having issued misleading information which may have impacted Wirecard's share pric