Greensill Capital

Grant Thornton bills £19m for first year of Greensill administration

Professional services firms continue working to unwind the Australian financier’s empire

Allen & Overy also charged £6.2m in legal fees as administrators’ bills mount

3 min read

Revolut's Payday feature will be available to UK businesses, allowing staff to get a portion of their salary early

Revolut launches pay-as-you-earn tool for UK workers

New feature mirrors efforts by the likes of Greensill to allow staff to get paid sooner after working their hours

2 min read

The report raised concerns about potential conflicts of interest between Lex Greensill’s business and his role in government

Greensill had ‘extraordinarily privileged’ relationship with government, review finds

Ex-PM David Cameron 'understated' his relationship with Greensill Capital, according to top lawyer

2 min read

Greensill gave evidence during a virtual Treasury select committee hearing into the collapse of his company, with MPs now calling for reform

Greensill scandal spotlights risks of non-bank finance sector

Reform needed of rules around acquiring an existing bank as 'a matter of urgency'

4 min read

Credit Suisse took a $5bn hit when former hedge fund manager Bill Hwang's firm Archegos imploded in March - the biggest of any investment bank exposed to the fund

Credit Suisse mulls creation of a single private bank

The plan may be part of an overhaul following the fallout from two scandals this year

1 min read

The investigation by the FCA into Saffery Champness is the latest in the fallout following Greensill Capital’s collapse

FRC to investigate Saffery Champness for Greensill audit

The audit watchdog's conduct committee made the decision to investigate on 15 June

2 min read

Credit Suisse could take SoftBank to court over Greensill collapse

Credit Suisse has moved to cut ties with SoftBank, according to reports

2 min read

GFG head, Sanjeev Gupta

SFO launches fraud probe into Gupta Family Group and its relationship with Greensill Capital

The criminal investigation opens a new chapter in the deepening scandal surrounding Gupta and Greensill

2 min read

Fielding a round of intense questioning, the Lex Greensill was asked by Labour MP Siobhain McDonagh if he was a 'fraudster'

‘Are you a fraudster, Mr Greensill?’

Supply chain finance boss blames credit insurance withdrawal for company's failure

David Cameron, former U.K. prime minister

Cameron only concerned about Greensill as late as December

Texts, calls and emails released show extent of lobbying by former PM

Lord Myners

Lord Myners: Greensill was in financial difficulty — Cameron ‘should have known’

Myners has previously blamed the FCA for failing to spot red flags at Greensill

2 min read

Simon Case, cabinet secretary and head of the civil service, admitted he found it alarming that Lex Greensill (pictured) was given access to government on grounds that were not clear

Top civil servant admits confusion over Downing Street’s employment terms for Lex Greensill

Civil servant was alarmed by Lex Greensill's access to Downing Street

3 min read

Ex-British Prime Minister David Cameron was a Greensill adviser

Emails reveal how David Cameron desperately lobbied Bank of England for Greensill

Cameron spoke to the deputy governor of the Bank about Greensill

3 min read

Greensill’s Australian parent falls into liquidation

Creditors have lodged claims for nearly $1.33bn

2 min read

David Cameron lobbied on behalf of Greensill Capital by phone and text message

David Cameron texted and called top Treasury official over Greensill

Cameron also lobbied Chancellor Rishi Sunak on Greensill's behalf

2 min read