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2 mins read

West Virginia Gov. Jim Justice is reportedly on the hook for $700 million in loans from collapsed lender Greensill

West Virginia Gov. Jim Justice guaranteed the loans from collapsed lender Greensill to his coal bus…

Harry Robertson   


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2 mins read

Lex Greensill did have 'some form of contract' while working for David Cameron, senior civil servant tells MPs

Simon Case, the Cabinet Secretary, has written to a Parliamentary committee to clarify Lex Greensil…

Henry Dyer   


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1 min read

Credit Suisse investors exposed to collapsed Greensill Capital fund are facing another $190 million of losses

Credit Suisse investors exposed to funds invested in assets sourced by failed Greensill Capital may…

Emily Graffeo   


Theron Mohamed   


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Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises

The recent Greensill and Archegos crises have left Credit Suisse under greater scrutiny, putting tw…

Theo Golden   


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1 min read

SoftBank-backed Greensill Capital is preparing to file for insolvency after losing a $4.6 billion contract, report says

Greensill's German banking subsidiary is now under direct oversight of the country's financial watc…

Shalini Nagarajan   


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Credit Suisse is overhauling its asset management business and has suspended bonuses after Greensill collapsed

Credit Suisse faces regulatory investigations into its dealings with Greensill Capital following th…

Michael Shields   


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SoftBank-backed startup Greensill faces bankruptcy after Credit Suisse freezes $10 billion in funds over asset values, report says

Greensill has appointed Grant Thornton to guide it through possible restructuring, and could file f…

Shalini Nagarajan   


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Credit Suisse will absorb a $4.7 billion writedown in the wake of the Archegos blow-up - and says several top executives are leaving

The European lender expects an overall loss of $958 million for the first quarter after two signifi…

Shalini Nagarajan   


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20 most-shorted SPACs - 36 stocks set to surge under Biden - Carlson Capital's tough 2 years

The top finance stories for March 11, including the latest news on SPACs investors are betting will…

Dan DeFrancesco   


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View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned

View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…

Hayley Cuccinello   


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8 mins read

Masayoshi Son is the $100 billion gambler who went from dirt track to tech titan — and he isn't done betting yet

Masayoshi Son's bold bets on tech defined an era. A new book asks if the SoftBank boss is a visiona…

Hasan Chowdhury   


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Credit Suisse's chairman says he's 'truly sorry' as angry investors crash the rescued bank's final shareholder meeting

Protesters at Zürich's hockey arena showed off a boat labeled "Crisis Suisse" in a final jab at the…

George Glover   


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Credit Suisse's top execs could face a probe over their role in the banking giant's collapse, Swiss watchdog says

Credit Suisse was rescued by rival UBS last Sunday, bringing down the curtain on its 167-year histo…

George Glover   


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Credit Suisse CEO Thomas Gottstein is set to depart after some costly mishaps. Ulrich Körner is the likely replacement.

The embattled CEO could leave the bank as it announces earnings on Wednesday. Ulrich Körner, who he…

Aaron Weinman   


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3 mins read

Credit Suisse's $3.2 billion cut-price sale signals an ongoing crisis that could expose unicorn fintechs

If Credit Suisse went for a song, how much are all the unicorn neobanks really worth?

Hasan Chowdhury   


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1 min read

Credit Suisse stock tanks 12% after the troubled Swiss bank racks up a multibillion loss and vows to overhaul its business

The scandal-plagued Swiss bank promised a massive strategic overhaul Thursday after posting a $4 bi…

Ryan Hogg   


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5 mins read

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

The Swiss giant has weathered a slew of scandals in recent years, and investors are jittery after t…

Theron Mohamed   


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3 mins read

Credit Suisse's plans to scale back investment banking has competitors 'dancing on their grave'

Today's biggest story on Wall Street looks at Credit Suisse's beleaguered investment bank, and what…

Aaron Weinman