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Greensill Capital

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  • Monday, 16 May, 2022
    FT Collections
    Greensill Capital

    The unravelling of the finance company backed by SoftBank and advised by former UK prime minister David Cameron

  • Monday, 16 May, 2022
    Credit Suisse Group AG
    Credit Suisse nears settlement with West Virgina governor’s mining group

    The bank is seeking to recoup $690mn that Bluestone Resources owes some of its wealthiest clients

  • Monday, 18 April, 2022
    FT News Briefing podcast11 min listen
    A year after Greensill Capital’s collapse

    Lessons learnt from the fall of the British-Australian financial group

  • Monday, 11 April, 2022
    FT CollectionsCredit Suisse Group AG
    Credit Suisse angers investors with five-year ‘hard grind’ on Greensill losses

    Investors, insurers, debtors and the Swiss bank are in a war of attrition

  • Monday, 4 April, 2022
    FT CollectionsInsurance
    Greensill Capital accused of fraud as battle to recoup losses intensifies

    Tokio Marine says insurance policies ‘fraudulently obtained’ while Credit Suisse says litigation could last five years

  • Wednesday, 30 March, 2022
    GAM Holding AG
    Former GAM star Tim Haywood breached rules over Greensill, UK regulator finds

    Group’s ex-fund manager risked conflict of interest by accepting gifts, FCA says at it releases full findings of probe

  • Monday, 28 March, 2022
    FT CollectionsGAM Holding AG
    Greensill offered GAM share options as it pitched for funding

    Swiss fund manager was offered 12.5 per cent stake in finance firm in 2016

  • Sunday, 27 March, 2022
    Credit Suisse Group AG
    Shareholders pressure Credit Suisse over absolving executives on Greensill

    Investors concerned that bank has withheld report into its failings around collapse of specialist finance firm

  • Monday, 7 March, 2022
    Liberty Steel Group Holdings UK Ltd.
    HMRC drops lawsuits to close Sanjeev Gupta companies over unpaid tax

    Tax authority withdraws winding-up petitions against four of steel boss’s companies

  • Friday, 28 January, 2022
    Labour expresses ‘grave concern’ over Zahawi’s role in Greensill loans

    Party calls for assurance that proper processes were followed in securing funds for Sanjeev Gupta

  • Thursday, 27 January, 2022
    Nadhim Zahawi was ‘instrumental’ in securing Greensill loans approval, said Gupta

    Metals magnate thanked Tory minister for support over loans now subject to fraud investigation

  • Monday, 10 January, 2022
    FT CollectionsCredit Suisse Group AG
    Credit Suisse disputes SoftBank chief’s account of Greensill deal

    Swiss bank claims ‘material discrepancy’ between Masayoshi Son’s words and email from Lex Greensill

  • Friday, 24 December, 2021
    Credit Suisse Group AG
    Credit Suisse launches legal action against SoftBank

    Lawsuit relates to $440m in funds owed to bank’s customers by US construction company funded by the Vision Fund

  • Wednesday, 22 December, 2021
    FT CollectionsCredit Suisse Group AG
    Credit Suisse fires two managers responsible for Greensill funds

    More departures expected as bank prepares to publish findings of probe

  • Friday, 17 December, 2021
    Credit Suisse Group AG
    Credit Suisse executive tied to Greensill funds in talks over exit

    Eric Varvel was proponent of Greensill Capital-linked funds and previously ran $500bn asset management unit

  • Thursday, 16 December, 2021
    GAM Holding AG
    UK regulator fines GAM and former star trader after bond scandal

    Financial Conduct Authority says Swiss asset manager and Tim Haywood failed to manage conflicts of interest

  • Monday, 13 December, 2021
    FT CollectionsUK companies
    Greensill gave neighbour’s business a taxpayer-backed Covid loan

    Lex Greensill and businessman Barnabas Borbely lobbied local council to adopt controversial supply-chain finance model

  • Wednesday, 24 November, 2021
    FirstFT
    FirstFT: US braces for ‘fifth wave’ of Covid on eve of Thanksgiving

    Impact of US’s largest-ever release of stored oil and global resistance of antibiotics

  • Tuesday, 23 November, 2021
    David Cameron lobbied Tory associate at Lloyds Bank to rescue Greensill deal

    UK lender maintained ties with ailing supply-chain finance firm after Lord James Lupton intervened

  • Saturday, 20 November, 2021
    British Business Bank’s due diligence on Greensill ‘woefully inadequate’, says report

    UK parliamentary committee claims state-backed lender took information from now-collapsed finance firm at ‘face value’

  • Wednesday, 17 November, 2021
    GFG Alliance
    Scottish government guarantee to Sanjeev Gupta was £586m

    Exact figure disclosed after near two-year freedom of information battle

  • Thursday, 28 October, 2021
    FT CollectionsUK business & economy
    Watchdog finds no evidence Greensill NHS scheme benefited taxpayer

    Findings from National Audit Office probe into collapsed lender undercuts claims of £100m annual savings

  • Friday, 15 October, 2021
    FT CollectionsProfessional services
    Grant Thornton to charge more than £20m for Greensill administration

    Firm’s fee forecast now represents close to 5 per cent of its entire UK annual revenues

  • Thursday, 14 October, 2021
    FT CollectionsCredit Suisse Group AG
    Credit Suisse angers Greensill investors with free services offer

    Refunds proposed for clients who have not initiated legal claims, and perhaps for those who drop them

  • Monday, 11 October, 2021
    FT CollectionsCredit Suisse Group AG
    Credit Suisse report into Greensill failings hit by delays

    Stakes have raised considerably for the Swiss bank after its headquarters were raided by police

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