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Credit Suisse accepted suspicious invoices for $140mn Greensill loan

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Credit Suisse provided an emergency $140mn loan to Greensill Capital based partly on invoices to companies who deny ever doing the business stated on the documents. The Swiss bank provided the loan in October 2020, less than five months before the collapse of Greensill, a supply chain finance firm that…

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Click here to read the full story: Financial Times

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