Thursday, 22 Apr 2021 05:35 PM MYT
Logo of Greensill Bank is pictured in downtown Bremen March 10, 2021. Reuters pic
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LONDON, April 22 The Australian parent of failed specialist finance firm Greensill Capital, whose recent collapse sparked worldwide corporate fallout and a political scandal in Britain, has entered liquidation, administrators said today.
The demise of Greensill Capital Pty Ltd is the latest chapter in a saga that has ensnared Conservative politicians including ex-prime minister David Cameron.
The company had filed for bankruptcy last month for its operations in Britain, and also in Australia where its parent group is based and Germany where it has a banking arm.
ZURICH, March 16 Credit Suisse may have to book a charge over its dealings with Greensill, it warned today, as investor scrutiny grows over its relationship with the British supply-chain finance company that collapsed into insolvency. The Swiss bank has had to close around US$10 billion (RM41.1.