Andreas Gottschling, a 53-year-old German with a $1million salary — has come under fire after the Swiss bank’s clients lost billions when two big businesses collapsed The German boss at Credit Suisse in charge of risk at the troubled bank could be forced out as major shareholders revolted over two scandals that have cost clients … Read more
Davis Cameron’s name used to promote disgraced financier Lex Greensill’s company to the NHS just four months before its collapse By Emma Dunkley, Financial Mail On Sunday Published: 21:50 BST, 24 April 2021 | Updated: 21:50 BST, 24 April 2021 Davis Cameron’s name was being used to promote disgraced financier Lex Greensill’s company to the … Read more
Greensill Capital was reportedly considering a £22billion stock market flotation that could have landed former prime minister David Cameron £200million. It came just weeks before Mr Cameron launched an intense lobbying campaign to garner government support for Greensill. The £22billion figure, which dwarfed previous estimates, was revealed by its bankers Credit Suisse in a presentation … Read more
Greensill Capital was reportedly considering a £22billion stock market flotation that could have landed former prime minister David Cameron £200million. It came just weeks before Mr Cameron launched an intense lobbying campaign to garner government support for Greensill. The £22billion figure, which dwarfed previous estimates, was revealed by its bankers Credit Suisse in a presentation … Read more
ALEX BRUMMER: Bank of England in murky waters over its failure to act earlier on intelligence about Greensill By Alex Brummer for the Daily Mail Published: 23:02 BST, 22 April 2021 | Updated: 23:02 BST, 22 April 2021 Andrew Bailey has the rare skill of turning the specific into the general. At a Commons session … Read more
The Treasury’s top civil servant today revealed that David Cameron called and texted him on behalf of Greensill at the height of the pandemic – as the Bank of England also disclosed records of approached for the ex-PM. Sir Tom Scholar said Mr Cameron contacted him repeatedly in March and April last year as the … Read more
The Treasury’s top civil servant today revealed that David Cameron called and texted him on behalf of Greensill at the height of the pandemic. Sir Tom Scholar said the former PM contacted him repeatedly in March and April last year as the financial firm pushed to be part of a government loan scheme. Giving evidence … Read more
Enforcers in the spotlight: How could the FCA and the Bank of England fail to see the Greensill collapse coming? asks ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 22:07 BST, 20 April 2021 | Updated: 22:07 BST, 20 April 2021 Better late than never. Having at first declined to hold hearings on … Read more
Boris Johnson defended senior Civil Service figures amid a lobbying scandal today, insisting they were not all ‘double-hatting’ with lucrative second jobs. The Prime Minister said it was ‘simply not the case’ that ‘loads of people’ were gaming the system to earn eye-watering amounts while on the Government payroll in a potential conflict of interest. … Read more
Gupta’s Liberty Steel received grants even after Greensill came under investigation Money given after the Treasury launched a probe into Greensill on October 9 The Welsh Government gave Liberty’s Newport plant a £132,000 grant While the Tredegar plant was given £49,000 to save 49 jobs By Helen Cahill For The Mail On Sunday Published: 22:31 BST, … Read more