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Who is David Cameron, named UK Foreign Secretary by Rishi Sunak? Know why Liberal Democrats are opposing his appointmentThe Liberal Democrats have opposed his appointment and called for Cameron's peerage to be blocked. Why is his appointment opposed? Know in ...- Credit Suisse made ''serious breach'' of law: Swiss regulatorSwitzerland's financial markets authority, FINMA, said on Tuesday that it has concluded enforcement proceedings opened two years ago agains...
- Credit Suisse's scandals - spies, lies and money launderingThe bank is battling market skepticism about its financial health after a string of scandals, months after it was found guilty by Switzerla...
- Credit Suisse slashes top executives' bonuses 64% for torrid 2021Credit Suisse's 2021 was marked by the collapse of $10 billion in supply chain finance funds linked to insolvent British finance firm Green...
- Credit Suisse to tighten the reins after string of scandalsCredit Suisse will unveil a new centralised structure on Thursday in an attempt to bring its far-flung divisions to heel and draw a line un...
- Sanjeev Gupta’s GFG Alliance to infuse £50m to restart UK steel operationsGupta, founder chairman of the $20-billion revenue GFG Alliance, was fighting his biggest battle to save his metals-to-energy conglomerate ...
- Greensill cited ‘political steers’ on Gupta loans, probe findsGreensill collapsed in March after a key partner refused to extend crucial trade credit insurance that backed loans it made to a number of ...
- UK's anti-fraud agency probes Sanjeev Gupta-led GFG Alliance"The SFO is investigating suspected fraud, fraudulent trading and money laundering in relation to the financing and conduct of the business...
- Sanjeev Gupta sued by Tata Steel for late payments linked to $139 million dealThe London lawsuit centers on the 2017 sale of Tata’s specialty steel business to Liberty House Group for 100 million pounds.
- Credit Suisse sued over risk exposure to Greensill Capital, ArchegosThe pension fund, City of St. Clair Shores Police & Fire Retirement System, based in St. Clair Shores, Michigan, filed the class action law...
- As Sanjeev Gupta rose from trader to tycoon, several banks backed awayFour banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they perceived...
- UK former PM David Cameron says Greensill lobbying should have been through formal channelsCameron, who was prime minister from 2010 to 2016, appointed the Australian banker as an adviser when he was in Downing Street. After leavi...
- Credit Suisse scandal toll goes ever higher as rivals thriveLast month's Archegos disaster prompted sweeping management changes at the Swiss bank Tuesday and cast fresh doubt on its checkered record ...
- Sanjeev Gupta is fighting a tough battle to keep GFG afloatWith his back to the wall, metals maven Sanjeev Gupta, the founder chairman of the $20 billion revenue GFG Alliance, is fighting his bigges...
- Liberty Steel owner Gupta tells creditors: Don't pull the plugLiberty Steel owner Sanjeev Gupta said it was natural that lenders wanted to protect their position and said there were positive discussion...
- Liberty Steel is an important asset, need to distinguish from ownership: UK minister"I think it's a really important national asset and what we have to do is to distinguish between Liberty Steel and the company that sits ab...
- Sanjeev Gupta's Liberty Steel to restart operations, in talks with British governmentGupta's conglomerate GFG Alliance said earlier this month it was in talks with administrators of Greensill over a standstill agreement. On ...
- British ministers reject Sanjeev Gupta's bailout plea, media reports sayGFG, a holding company for Gupta's assets, was the biggest recipient of financing from Greensill, a British financing company, which filed ...
- Credit Suisse, under regulatory scrutiny, rejigs asset managementIn its annual report, the lender said Swiss regulator FINMA was one watchdog looking into the matter, and was reviewing it in relation to t...
- Greensill Capital files for insolvency, administrators appointedGreensill Capital filed for insolvency after losing insurance coverage for its debt repackaging business and said in a court filing that it...
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