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Greensill Bank

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Grant Thornton’s investigation has concluded Lex Greensill’s firm may have been insolvent as early as March 2, 2021.

Morrison government doesn’t want the spotlight on Greensill Capital

Parliament needs to hear from Greensill Capital and its lobbyist Julie Bishop so it can understand how an Australian company was able to provide such a predatory product - with the help of a former deputy leader of the Liberal Party.

  • Ed Husic

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Sanjeev Gupta has come under scrutiny since the collapse of Greensill.

UK to investigate audits into Greensill and Gupta’s bank

The UK’s audit regulator will probe the auditors for Greensill Capital and Sanjeev Gupta’s Wyelands Bank following the collapse of the trade finance specialist.

  • Jonathan Browning
Lex Greensill will break his silence in front of a British parliamentary committee this week.

Lex Greensill to face grilling by UK parliamentary inquiry

Greensill Capital founder Lex Greensill will be publicly grilled by British politicians this week.

  • Dominic Powell
The parent group of Lex Greensill’s firm Greensill Capital collapsed owing money to some three dozen entities.

Greensill scandal widens as ex-British PMs hauled before inquiry

Four of the five living former prime ministers – David Cameron, Tony Blair, Gordon Brown and Sir John Major – are likely to be called to give evidence in public along with Lex Greensill.

  • Christopher Hope
Lex Greensill.

Lex Greensill faces possible public grilling over company collapse

Lex Greensill, the founder of Greensill Capital, could be hauled before public examinations by liquidators as they probe the reasons behind the $9 billion company’s unexpected collapse.

  • Sarah Danckert
Before its collapse, Greensill was hurtling towards an initial public offering that would have valued the company at $US7 billion. A deal that would have made its founder Lex Grensill and his brothers billionaires.

Greensill’s Australian arm headed for liquidation owing $1.75 billion

Administrators told the first meeting of creditors that no ‘rescue package’ or deed of company arrangement had been put forward to save the group from liquidation.

  • Sarah Danckert and Colin Kruger
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Credit Suisse’s share price has fallen more than 10 per cent since it announced its supply-chain funds were suspended on March 1. It has warned warned it may have to book a charge over its dealings with Greensill.

‘Impossible to estimate’: Credit Suisse braces for financial hit from Greensill collapse

Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows over its relationship with the Anglo-Australian finance firm that collapsed into insolvency.

  • Brenna Hughes Neghaiwi, Carolyn Cohn and Oliver Hirt
This week Lex Greensill led a conference call with staff where he sought to explain what had happened.

Lex Greensill: Is this the last big deal for the boy from Bundy?

This high-flying financier came back to earth with a thud this week as his shadow banking company, once valued at $9 billion, went into administration.

  • Sarah Danckert
The chief investment officer of Credit Suisse's Australian private banking arm says ultra low rates are a plus for ASX investors.

Credit Suisse freezes another $US1.2b of funds as Greensill fallout widens

Credit Suisse Group froze four more funds that invested in the bank’s $US10 billion ($12.9 billion) supply chain finance strategy, adding to the widening scandal surrounding the bank’s exposure to Greensill Capital.

  • Patrick Winters
Credit Suisse said in a statement that it noted with “astonishment” the decision to bring charges in an investigation that has already lasted more than 12 years.

Credit Suisse shaken by aftershocks of Greensill insolvency

The funds’ troubles are a blow for Credit Suisse boss Thomas Gottstein, who became chief executive in the aftermath of a spy scandal and just as the coronavirus crisis struck.

  • Brenna Hughes Neghaiwi and Makiko Yamazaki

Original URL: https://www.theage.com.au/topic/greensill-bank-1mux