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Swiss watchdog asked Credit Suisse on Greensill risks -SonntagsZeitung - Vimarsana News

Swiss watchdog asked Credit Suisse on Greensill risks -SonntagsZeitung

The head of Switzerland's financial regulator FINMA questioned Credit Suisse over risks in its dealings with now-insolvent finance firm Greensill Capital "months" before the bank was forced to close $10 billion of funds liked to Greensill, Swiss newspaper SonntagsZeitung...

Lawyers Settle Into Credit Suisse Wreckage - Vimarsana News

Lawyers Settle Into Credit Suisse Wreckage

Sunday, 11 April 2021 09:51 | Written by Katharina Bart Lawyers Settle Into Credit Suisse Wreckage Amid reported interest for Credit Suisse's troubled asset management arm, a coterie of securities lawyers are settling in on various sides. The blow-up of Credit Suisse's $10.1 billion range of supply chain funds is quickly becoming a legal matter: George Kintis of Britain's Alcimos said he is preparing a grouped claim for damages against Credit Suisse, «Sonntagsblick»  (in German) reported. Alcimos, which describes itself as exploiting opportunities created by dislocations in...

Source: finews.com