Investing
Credit Suisse plans next payout to Greensill investors
Published by maria gbaf
Posted on December 14, 2021
1 min readLast updated: January 28, 2026
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on December 14, 2021
1 min readLast updated: January 28, 2026
Credit Suisse will pay $400M to Greensill investors in December, raising total returns to $6.7B. The bank has recovered $7.2B from frozen funds.
ZURICH (Reuters) – Credit Suisse is planning a sixth payout in mid-December of around $400 million to investors in frozen supply chain finance funds linked to Greensill, bringing the total amount returned to around $6.7 billion, the Swiss bank said on Monday.
Credit Suisse had to suspend $10 billion in funds linked to the British supply chain financing firm in March and has been paying back the money it recoups in stages.
It said in a statement it had been able to recover around $7.2 billion to date.
(Reporting by Silke Koltrowitz; editing by Carmel Crimmins)
The article discusses Credit Suisse's plan to distribute a $400 million payout to Greensill investors, part of a recovery process from frozen funds.
Credit Suisse has recovered approximately $7.2 billion from the frozen supply chain finance funds linked to Greensill.
The next payout is scheduled for mid-December.
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