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Greensill Capital's Chairman Quits, Chaos Continues

Greensill Capital's Chairman Quits, Chaos Continues
swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.

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Greensill Loses More Executives Amid Survival Fight

Greensill Loses More Executives Amid Survival Fight
This content was published on March 8, 2021 - 17:04
March 8, 2021 - 17:04
(Bloomberg) Three more directors of Greensill Capital have resigned as the trade-finance company faces a fight for survival following the flight of its top backers.
Chairman Maurice Thompson resigned alongside former MSCI Inc. Chief Operating Officer David Brierwood and Patrick Allin, according to company filings seen by Bloomberg. They join four other board members who have stepped down recently, among them the brother of founder Lex Greensill.
Read more: Greensill’s Overnight Downfall Was Many Months in Making
A spokesperson for Greensill declined to comment. News of the departures was first reported by the Sydney Morning Herald. ....

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Greensill Loses More Top Executives Amid Fight for Survival

(Bloomberg) Three more directors of Greensill Capital have resigned as the trade-finance company faces a fight for survival following the flight of its top backers. Chairman Maurice Thompson resigned alongside former MSCI Inc. Chief Operating Officer David Brierwood and Patrick Allin, according to company filings seen by Bloomberg. They join four other board members who have stepped down recently, among them the brother of founder Lex Greensill. Read more: Greensill’s Overnight Downfall Was Many Months in Making A spokesperson for Greensill declined to comment. News of the departures was first reported by the Sydney Morning Herald. Greensill’s trade finance firm is teetering on the brink of insolvency after investors cut ties with him and the German regulator froze his bank in the country. The fall from grace has been swift for a now ex-billionaire with access to U.K. political circles and the counsel of former Prime Minister David Cameron. Read more: Greensill’s Top Client, Gu ....

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Greensill Loses More Executives Amid Survival Fight

Greensill Loses More Executives Amid Survival Fight
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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