Credit Suisse executives reportedly received anonymous warnings as early as 2018 questioning their partnership with Greensill Capital, three years before the 2021 collapse that contributed to the Swiss bank's demise in March 2023. The warnings raised concerns about the bank's strategy of packaging Greensill's loans into $10 billion worth of investable funds for wealthy clients.
Report: Credit Suisse Ignored Early Warnings About Greensill Partnership