News

Forbes4y
Gov. Jim Justice No Longer A Billionaire, After $850 Million Debt To Insolvent Greensill Capital Revealed - Forbes
Private equity powerhouse General Atlantic invested $250 million for Greensill Capital equity in 2018. Softbank Vision Fund put in $1.9 billion . Greensill says it underwrote $143 billion in ...
The New York Times4y
Greensill Capital: The Collapse of a Company Built on Debt - The New York Times
Greensill Capital’s defining year was 2019, when SoftBank’s Vision Fund, the $100 billion investment vehicle built to make huge bets on disruptive technology companies, invested $1.5 billion.
CNN4y
Greensill Capital: 50,000 jobs at risk as SoftBank-backed business teeters on the brink - CNN
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it operates, the latest twist in an unfolding ...
The New York Times4y
Greensill's Collapse Inquiry and David Cameron's Lobbying - The New York Times
Greensill Capital was already an approved lender for a different pandemic loan program. Mr. Cameron sent the committee details of more than 50 calls, ...
Business Insider4y
How Greensill Capital Tried to Save Itself by Squeezing a Coal Company - Business Insider
Founded in 2011 by Lex Greensill, who grew up on a sweet potato and sugarcane farm in Bundaberg, Australia, the UK-based startup aimed to "unlock capital" for businesses through a lending practice ...
Hosted on MSN1mon
Administrators of Greensill Capital hit several former directors with lawsuit - MSN
Greensill Capital, founded by Alexander (Lex) Greensill, focused on providing supply chain financing and related financial services in the UK and Australia but collapsed in March 2021.
Bloomberg L.P.3y
Greensill Capital Still Has $9.3 Billion to Pay on Its Notes - Bloomberg
Greensill Capital collapsed more than a year ago, but $9.3 billion of assets sold to investors as notes are yet to pay out.. The lender, which collapsed in March 2021, sold short-term trade ...
Wall Street Journal4y
Greensill Faces Possible Insolvency After Credit Suisse Suspends Investment Funds - WSJ - The Wall Street Journal
Specialty finance firm Greensill Capital headed toward a rapid unraveling after Credit Suisse Group AG suspended $10 billion of investment funds that fueled the SoftBank Group Corp.-backed9984-1. ...
Wall Street Journal4y
Behind Greensill’s Collapse: Detour Into Risky Loans - WSJ
Greensill Capital founder Lex Greensill Ian Tuttle/Shutterstock. By Duncan Mavin. and Julie Steinberg. March 13, 2021 12:05 am ET. Lex Greensill portrayed himself as a savior for small business.
Reuters4y
Greensill Capital files for insolvency, administrators appointed
Greensill Capital filed for insolvency on Monday after losing insurance coverage for its debt repackaging business and said in its court filing that its largest client, GFG Alliance, had started ...
CNN4y
Greensill Capital: 50,000 jobs at risk as SoftBank-backed business teeters on the brink | CNN Business - CNN International
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it operates, the latest twist in an unfolding ...
CNN4y
Greensill Capital: 50,000 jobs at risk as SoftBank-backed business teeters on the brink | CNN Business - CNN International
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it operates, the latest twist in an unfolding ...