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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
UBS subsidiary O’Connor has announced the liquidation of several invoice financing funds following the bankruptcy of US auto parts supplier…
#Fist Brands#invoice finance#O'Connor
UBS, Switzerland’s largest bank, is assessing the impact of the bankruptcy of US auto parts supplier First Brands, to which…
#First Brands#investment#O'Connor