The Simple Problem That Sank Greensill’s Complex Financial Empire
WEBSep 8, 2021 · The Simple Problem That Sank Greensill’s Complex Financial Empire The former fintech darling took in money from investors seeking safety and used it for risky loans. It all collapsed in a...
Softbank Says Credit Suisse to Blame For Fund’s $440 Million Greensill …
WEB20 hours ago · Softbank Group Corp., facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of the investor losses tied to the collapse of Greensill Capital.
The Swift Collapse of a Company Built on Debt - The New York Times
WEBMar 28, 2021 · Greensill Capital promised a win-win for buyers and sellers, until it all fell apart, igniting concerns about opaque accounting practices.
Australian billionaire Lex Greensill beguiled the world's rich and ...
WEBJul 11, 2021 · Greensill Bank has now been shut down and BaFin has recommended prosecutors consider laying criminal charges against the bank for balance sheet manipulation.
Greensill collapse: The fight to recover funds lands with West …
WEBMay 15, 2024 · The latest efforts by former Credit Suisse clients to reclaim billions of dollars lent on their behalf by failed finance firm Greensill Capital centre on a small Virginia community bank, a coal...
Regulator censures Credit Suisse for Greensill blunders
WEBFeb 28, 2023 · Swiss regulators have rebuked Credit Suisse for "serious" failings in its handling of a multi-billion business with now defunct financier Greensill, the third such public censure in two years.
Lex Greensill faces Swiss criminal case alongside ex-Credit Suisse …
WEBJun 12, 2023 · Lex Greensill and four former Credit Suisse bankers have been named as suspects in a Swiss criminal case that is due to be formally opened this month, according to people with knowledge of the...
Greensill: Watchdog to probe 'potentially criminal' collapse of …
WEBMay 11, 2021 · The UK's financial watchdog has opened an investigation into the collapse of Liberty Steel backer Greensill Capital.
Credit Suisse ‘seriously breached’ obligations in Greensill ... - CNBC
WEBFeb 28, 2023 · The embattled Swiss lender’s exposure to the London-based Greensill Capital resulted in massive reimbursements to investors after the supply chain finance firm collapsed in early 2021.
UK Insolvency Service seeks 15-year director ban for Lex Greensill
WEBMar 7, 2024 · The UK Insolvency Service has asked the High Court to ban Lex Greensill from running companies for up to 15 years after investigating the 2021 collapse of his eponymous supply chain finance...