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‘Wolf of Canary Wharf’ Michael Gastauer sees London’s comeback | Business

When Michael Gastauer stepped onto the stage to receive the Global Banker Award in May 2018, he smiled broadly.

“Just look at this beautiful award. Fantastic,” said the German businessman in his tuxedo and butterfly. about having won five million customers and an alleged valuation of $ 10 billion – barely credible for a company founded less than three years earlier.

WB21, based in London’s financial district Canary Wharf, said the award for “best innovation in retail banking” was given to “extraordinary financial institutions for revolutionary results in the industry”.

The problem was that the price was not genuine – it was created by

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