Some Credit Suisse Investors Do Not Want to Absolve Execs for Greensill Losses: FT March 28, 2022 Some shareholders in Credit Suisse do not want the bank to hold a vote in the annual meeting on absolving...
Update: Credit Suisse Files 5 Insurance Claims Related to Greensill-Linked Funds January 13, 2022 By Brenna Hughes Neghaiwi ZURICH — Credit Suisse has filed five insurance claims related to $1.17 billion in exposure across two of its Greensill-linked...
Greensill’s Business Model Risks ‘High Level of Harm’; New Rules Needed: UK Watchdog December 3, 2021 By Huw Jones The business model used by collapsed supply chain financing firm Greensill Capital is causing a “high level of harm” and...
Credit Suisse Begins Filing Insurance Claims Over Greensill-Linked Funds September 8, 2021 By Brenna Hughes Neghaiwi A first insurance claim has been filed and more are being prepared in Credit Suisse’s efforts to recover funds from...
UK Accounting Regulator Probes Greensill and Wyelands Bank Auditors June 28, 2021 By Huw Jones LONDON – Britain’s accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands...
Credit Suisse Begins Filing Insurance Claims Over Greensill Capital Collapse – FT June 16, 2021 By Kanishka Singh and Makiko Yamazaki Swiss bank Credit Suisse has prepared its first insurance claims on losses stemming from its $10 billion of funds tied...
West Virginia Governor Hit by U.K. Lender Bankruptcy June 3, 2021 By Cuneyt Dil West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by...
Zurich Insurance Expects Limited Exposure to Greensill Collapse May 12, 2021 By Carolyn Cohn and Michael Shields Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital,...
Britain’s Financial Regulator Opens Investigation Into Greensill Collapse May 11, 2021 By Huw Jones Britain’s Financial Conduct Authority said on Tuesday it was formally investigating the UK operations of collapsed supply chain finance company...
Greensill Creditors OK Australian Liquidation; Further Investigations Expected April 26, 2021 By Paulina Duran Creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, voted on Thursday to liquidate...