FT News Briefing

Wirecard on trial

US regulators settled a record breaking case against the maker of video game Fortnite, a former Wirecard executive told a Munich court that the collapsed German payments company was a “sloppily done fraud”, and a boom in mainland Chinese family offices setting up in Singapore is drawing in thousands of financial professionals. Mentioned in this podcast:<a href="https://www.ft.com/content/3b97735b-1a54-4ebb-a288-7ab8ea217c9c" rel="noopener noreferrer" target="_blank">Epic Games pays FTC $520mn to resolve ‘Fortnite’ claims</a><a href="https://www.ft.com/content/a61d0dae-7faa-4233-87bc-78d22b7fcb86" rel="noopener noreferrer" target="_blank">Wirecard was ‘sloppily done fraud’, chief witness tells Munich court</a><a href="https://www.ft.com/content/9cde054a-1c9a-4c21-ba3e-3a06e5ce41b3" rel="noopener noreferrer" target="_blank">Booming Chinese family offices recruit top bankers in Singapore</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.  <a href="https://www.ft.com/content/3df10dfc-0769-4a40-984c-e8be5897e791" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.