Greensill Capital – Credit Suisse to distribute more cash – Economy

Credit Suisse is distributing further cash to investors from the liquidation of the funds managed together with the insolvent Greensill Capital. As part of the sixth payout tranche, around $ 400 million flowed to investors on December 15, as the bank announced on Monday. This added up to the payouts to around $ 6.7 billion. In total, the bank raised $ 7.2 billion from the liquidation of fund positions. When the four supply chain finance funds were frozen in March, they were worth a good ten billion dollars.

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