Credit Suisse Group – Capital Raise Likely Coming

Sberbank of Russia – Ukraine Risks Rising

Sberbank of Russia – Dealing With New Sanctions

Credit Suisse: Greensill's Capital Implications Outweigh Asset Management Corrective Action

Credit Suisse Group – Greensill Fallout Continues

Credit Suisse – Another European Daisy Chain

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Silver Point

Thomas J. Monaco

Independent Insight Provider

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Equity Bottom-Up

*US Greensill Arm Declares BK: On March 25, 2021, Greensill filed for Chapter 11 bankruptcy protection for its US subsidiary, Greensill Capital Inc. (GCI), in the Southern District of New York. GCI sold Greensill products in the US with revenue passing directly through to the Greensill in London; and*Watch Your Risk: Greensill allegedly has USD 5 bn in risk outstanding to GFG Alliance Group (GFG) – a company owned by Sanjeev Gupta, who appears to be at the center of this entire debacle. Credit Suisse, GAM Holdings (GAM.VX), Tokio Marine Holdings (8766.JP), SoftBank Group (9984.JP) amongst many others are likely to be further impacted given the growing uncertainties of Greensill and GFG Alliance.

*US Greensill Arm Declares BK: On March 25, 2021, Greensill filed for Chapter 11 bankruptcy protection for its US subsidiary, Greensill Capital Inc. (GCI), in the Southern District of New York. GCI sold Greensill products in the US with revenue passing directly through to the Greensill in London; and*Watch Your Risk: Greensill allegedly has USD 5 bn in risk outstanding to GFG Alliance Group (GFG) – a company owned by Sanjeev Gupta, who appears to be at the center of this entire debacle. Credit Suisse, GAM Holdings (GAM.VX), Tokio Marine Holdings (8766.JP), SoftBank Group (9984.JP) amongst many others are likely to be further impacted given the growing uncertainties of Greensill and GFG Alliance. 

Credit Suisse Group

Credit Suisse – Another Shoe Drops