Greensill Bank Sues UK Government for $441 Million Over COVID Loan Guarantees

Share!

Insurance Journal - Jan 16, 2026

Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain’s business department for just over 330 million pounds ($441.7 million) after it canceled guarantees for COVID-19 business loans, court documents showed. The administrators of the German-based bank &#823...

Read Full Article

Recommended Articles

Venezuelan Oil Industry Is Running on WhatsApp After Cyberattack

Posted: Jan 16, 2026

Venezuela’s oil industry is running its day-to-day operations via phone calls and handwritten...

Fitch Warns of Eastern European Downgrades if Greenland Strife Cracks NATO

Posted: Jan 16, 2026

A raft of European countries could face a one-notch credit rating downgrade if tensions with the U.S...

Ex-PIMCO Executive Scores Milestone on Launch of Catastrophe Bond ETF

Posted: Jan 16, 2026

An exchange-traded fund tied to bets on natural disasters has started trading in London, after becom...