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Credit Suisse has reportedly secured approximately US$800m in a settlement involving insurance broker Marsh and trade credit insurers over the collapse of Greensill Capital, while a fresh US regulatory filing shows Marsh recorded US$569m of charges linked to the wider...
#Credit Suisse#Greensill Capital#Insurance Australia Group
Insurance Australia Group has agreed a confidential settlement with Credit Suisse entities in one of the largest remaining insurance disputes…
#BCC Trade Credit#credit risk#Credit Suisse
Insurance Australia Group has said a settlement with Credit Suisse entities over Greensill-linked trade credit insurance litigation has not been…
#BCC Trade Credit#Credit Suisse#Greensill Capital
International factoring is a way for companies to get paid right away by selling their foreign invoices to a specialised…
#Credit Suisse#Greensill#Katerra
Working capital finance is short-term funding for daily costs such as payroll, rent, and inventory, helping businesses cover cash flow…
Invoice Factoring is a business financing solution where a company sells its unpaid invoices to a third-party factoring provider at…
Inventory Finance is a funding solution that allows businesses to borrow money against the value of their inventory or stock.…
Lex Greensill has been banned from acting as a company director in the UK for nine years, bringing a major…
UBS Group has stated it will refund a substantial portion of investments to investors in Credit Suisse funds connected to…
#Credit Suisse
Legal claims in the wake of Greensill Capital’s collapse in 2021 continue to grow.According to Insurance News.com the insurer IAG…
#Credit Suisse#Greensill#Greensill Capital
Turbulence! The word that will most probably come to mind to describe the last couple of years of... (more…)
#COVID-19#Credit Suisse#SVB
As the collapse of Greensill Capital in March 2021 continues to unfold... (more…)
Credit Suisse has been given permission to pursue its US$440m claim against Japanese investor Softbank in the English courts, after…
#Credit Suisse#Greensill#supply chain finance