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Greensill Capital was a financial services company based in the United Kingdom and Australia. Its main business was the provision of supply chain financing and related services. The company was founded in 2011 by Lex Greensill .
The Greensill scandal was a political controversy in the United Kingdom related to lobbying activities on behalf of financial services company Greensill Capital. It implicated former Prime Minister David Cameron , former Cabinet Secretary Jeremy Heywood and several other civil servants, and occurred during the COVID-19 pandemic .
Greensill's demise has caused red faces for the investors who back it, banks that worked with it, and sparked a political crisis in Britain. Greensill Capital scandal: What you need to know as ...
The Greensill scandal relates to lobbying activities on behalf of the now defunct financial services company Greensill Capital, which implicated former prime minister David Cameron.
Administrators of British-based Greensill Capital have laid off about 440 workers following the finance firm's collapse, they said on Saturday. The job cuts were made "whilst the joint ...
The demise of Greensill Capital jeopardised 5,000 steelmaking jobs in the UK.
GFG Alliance was Greensill’s biggest client and it was reported at the time of the collapse that it had an exposure totalling $5bn. [13] In April 2024, Grant Thornton, the administrators for Greensill, published a report where they revealed that they were still owed round $587.2m (£472m) from the GFG Alliance.
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