Greensill Downfall Began with Firing of Insurance Manager at Sydney Unit of Tokio Marine March 5, 2021 By Donal Griffin and Jonathan Browning The debacle that led to the unraveling of Lex Greensill’s trade-finance empire began with the firing of a manager at...
Greensill Capital’s Funding Crisis Could Lead to Losses for Insurers, Banks: Analysis March 4, 2021 By Tom Bergin LONDON – A funding crisis at Greensill Capital could spill over to some of its high-risk borrowers and lead to...
Seeds of Greensill Capital’s Swift Fall Triggered When Credit Insurer Balked at Renewal March 3, 2021 By Lucca de Paoli and Nabila Ahmed The seeds for the rapid disintegration of Lex Greensill’s empire were sown eight months ago, when a little-known Australian insurer...