by AIP Online Bureau | Feb 1, 2023 | Eco/Invest/Demography, Indian News
The Swiss lender’s private banking arm has assigned a zero lending value for notes sold by Adani Ports and Special Economic Zone, Adani Green Energy and Adani Electricity Mumbai Ltd., according to people familiar with the matter, who asked not to be identified...
by AIP Online Bureau | Oct 17, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News
Credit Suisse faces a longer list of legal woes. Last week, the prospect of fresh legal risks for the bank arose when US authorities launched a probe investigating whether the bank helped clients hide assets Credit Suisse Group AG agreed to pay $495 million to settle...
by AIP Online Bureau | Mar 4, 2022 | International News, Non-Life, Reinsurance
Insurance Australia Group Ltd was previously named as potentially exposed to the 2021 failure of Greensill since its former unit BCC Trade Credit sold policies to Greensill, but said at the time it had no liability because it sold its share of the unit two years...
