• SoftBank-backed startup Greensill faces bankruptcy after Credit Suisse freezes $10 billion in funds over asset values, report says

    1 month ago - By Business Insider

    Summary List Placement
    UK-based Greensill is facing bankruptcy after Credit Suisse froze $10 billion in funds tied to the firm.
    Credit Suisse had grown concerned over Greensill's ties to steel magnate, Sanjeev Gupta, the Wall Street Journal reported.
    A second Swiss lender, GAM Holding, also suspended an investment fund connected to the finance firm.
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    SoftBank-backed Greensill Capital is facing bankruptcy after Credit Suisse froze $10 billion worth of investment funds linked to the UK-based lender, the Wall Street...
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  • SoftBank-backed startup Greensill faces bankruptcy after Credit Suisse freezes $10 billion in funds over asset values, report says

    SoftBank-backed startup Greensill faces bankruptcy after Credit Suisse freezes $10 billion in funds over asset values, report says

    1 month ago - By Business Insider

    REUTERS/Fabian Bimmer
    UK-based Greensill is facing bankruptcy after Credit Suisse froze $10 billion in funds tied to the firm. Credit Suisse had grown concerned over Greensill's ties to steel magnate, Sanjeev Gupta, the Wall Street Journal reported. A second Swiss lender, GAM Holding, also suspended an investment fund connected to the finance firm. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. SoftBank-backed Greensill Capital is facing bankruptcy after Credit Suisse froze $10 billion worth of investment funds linked to the UK-based lender, the Wall Street...
    Read more ...