Tag Archives: Greensill Capital

Archegos fallout raises troubling questions over bank risk controls

Posted on May 7, 2021 by Alice Heathfield

Questions have been raised as to whether the loss was a result of risk and compliance not doing their job or whether their views were ignored by business heads. Those in charge of the business may have been more attracted …

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Lack of transparency connected with shadow banking increases risks of losses for banks

Posted on May 4, 2021 by Christopher Wilsher

In some ways, the recent losses incurred by banks such as Credit Suisse through their exposures to Archegos Capital Management and Greensill Capital had very different causes. Whereas banks provided family office Archegos with prime brokerage finance to invest in …

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