Lex Greensill and former Credit Suisse bankers face Swiss criminal case - reports

Funds linked to Greensill Capital

James Baxter-Derrington
clock • 1 min read

Lex Greensill and four former Credit Suisse bankers are set to face criminal charges in Switzerland, following a two-year investigation.

According to the FT, the Zurich public prosecutor is set to bring the case against Greensill and the bankers, related to the collapse of a $10bn group of funds linked to Greensill Capital that Credit Suisse offered to clients. Credit Suisse loan to Greensill based on questionable invoices - reports According to people with knowledge of the matter, the former Credit Suisse managers have been asked to attend a hearing with the prosecutor on 26 June, where the case of suspected unfair competition will be formally opened. Greensill has not been called to the hearing but has provided a ...

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