The firm was “in severe financial distress” and unable to repay a $140m loan owed to its main backer, Swiss banking giant Credit Suisse. Part of Greensill is based in Australia, so the company ...

Swiss banking giant UBS has offered to pay former Credit Suisse customers 90% of the funds they invested with failed ...

Credit Suisse was also the lead investor in the failed Greensill Capital two years ago and was involved in an espionage scandal five years ago, along with other troubles. This week, Credit Suisse ...

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The short position in the Swiss bank was initiated in March 2021 due to the Greensill scandal ... only due to another alleged accident at Credit Suisse — the large margin losses for Achegos ...

External Content A year after Thiam left Credit Suisse in 2020 following a damaging ... chain finance funds linked to the defunct company Greensill Capital. It was also hit with a $5.5 billion ...

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