The Guardian

Credit Suisse was ‘warned’ about Greensill three years before firm collapsed


Anonymous messages questioned judgment of senior managers in dealing with Greensill, says Swiss regulator

Bosses at Credit Suisse were warned against dealing with the Australian financier Lex Greensill’s eponymous company three years before the collapse of his Greensill Capital, which once employed the former UK prime minister David Cameron as an adviser.

The “character judgment” of senior Credit Suisse managers was challenged in anonymous messages they received as early as 2018, which raised concerns over the Swiss bank’s dealings with Greensill, according to a report by the Swiss regulator Finma, released under a London court order after a request by the Guardian and other media.

Continue reading…



Source link : https://www.theguardian.com/business/2025/jun/13/credit-suisse-was-warned-about-greensill-three-years-before-firm-collapsed

Author : Kalyeena Makortoff Banking correspondent

Publish date : 2025-06-13 04:00:00

Copyright for syndicated content belongs to the linked Source.

Tags : The Guardian
Quitter la version mobile