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Disclosures to credit suisse. and the swiss bank was solely responsible for making any disclosures to their investors . he said the loans were always secured against assets and personal guarantees, and were backed up by insurance . he expects. but we understand greensill capital s main insurer won t pay out on imaginary invoices that were never likely to exist. investors are expecting huge losses. we think it s very unlikely that the insurance company will provide coverage in case of default. simply because these are not real invoice, but prospective invoices. it s likely that they will lose around us $2.5 billion for all the credit suisse investors. ....
And the swiss bank was solely responsible for making any disclosures to their investors . he said the loans were always secured against assets and personal guarantees, and were backed up by insurance . he expects. but we understand greensill capital s main insurer won t pay out on imaginary invoices that were never likely to exist. investors are expecting huge losses. we think it s very unlikely that the insurance company will provide coverage in case of default. simply because these are not real invoice, ....