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Gupta

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MainlyTwelve/Greensill

Lede goes here....Greensill Financial is a ....

Supply chain financing

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It's a form of financing, ostensibly allowing suppliers to be paid quickly rather than slowly in exchange for a fee of around 1%.[1] Another such company is Stenn International Ltd..

Another definition here.[2]

Here's the real deal.[3]

what's greensill

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These articles seem to provide an overview.[4]

The banking side has faced scrutiny.[5] The company has a relationship with bank Credit Suisse.[6]

what's greensill bank

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It's part of the company, purchased in 2014, formerly NordFinanz Bank AG.[7]

Other

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Other articles and headlines bear relevance to the story of Greensill. At one point, the company owned planes.[8]

Not reputable but helpful for context.[9]

references

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  1. ^ Monga, Vipal (25 July 2018). "How Investors Make Money When Companies Take Longer to Pay Their Bills". Wall Street Journal. Wall Street Journal. Retrieved 4 January 2021.
  2. ^ David, Ruth (13 May 2019). "SoftBank Makes $800 Million Bet on U.K Financier Greensill". Bloomberg.com. Bloomberg. Retrieved 4 January 2021.
  3. ^ Scaggs, Alexandra (20 December 2019). "What Is Reverse Factoring? A Report Highlights a Problematic, Fast-Growing Financing Technique". www.barrons.com. Barron's. Retrieved 4 January 2021.
  4. ^ Gottfried, Miriam (16 July 2018). "General Atlantic Invests $250 Million in Lending Startup Greensill". Wall Street Journal. Wall Street Journal.
  5. ^ De Paoli, Lucca; Casiraghi, Luca (8 October 2020). "SoftBank-Backed Greensill May Raise Capital for Expansion". Bloomberg.com. Bloomberg. Retrieved 4 January 2021.
  6. ^ De Paoli, Lucca; Casiraghi, Luca (28 September 2020). "Credit Suisse Fund Lent to Billionaire Greensill's Neighbor". Bloomberg.com. Bloomberg. Retrieved 4 January 2021.
  7. ^ Arons, Steven; Comfort, Nicholas; De Paoli, Lucca (19 August 2020). "Billionaire Greensill's German Bank Draws Regulatory Scrutiny". Bloomberg.com. Bloomberg. Retrieved 4 January 2021.
  8. ^ Steinberg, Julie; Mavin, Duncan (2 November 2020). "SoftBank-Backed Startup Had a Fleet of Corporate Planes. Not For Much Longer". Wall Street Journal. Wall Street Journal.
  9. ^ https://www.behindthebalancesheet.com/blog-1/greensill-softbank-and-cooking-the-books. {{cite news}}: Missing or empty |title= (help)
  • financial services companies
  • supply chain financing
  • 20XX establishments in Australia
  • SoftBank Group investments