Sven Giegold

Bremen

Greensill Bank: Deposit insurance must be rigorously linked to risk

Media reports in recent days suggest that Bremen-based Greensill Bank AG could be in acute distress. The bank is a subsidiary of the British-Australian group Greensill Capital, which specialises in supply chain finance. The group had to file for bankruptcy protection in Australia this week after Crédit Suisse and Swiss asset manager GAM stopped important […]

Read more