Credit Suisse Bankers Said Greensill Worth $30 Billion: Guardian
- Cameron stood to gain nine-figure windfall on value: report
- Greensill imploded last month, just over a year after estimate
Greensill Capital (U.K.) Ltd. offices in the Daresbury Park business estate near Warrington, U.K.
Photographer: Anthony Devlin/BloombergThis article is for subscribers only.
Bankers at Credit Suisse Group AG believed that Greensill Capital, the collapsed finance firm now at the center of multiple investigations, was a “once in a generation” company that could be worth $30 billion, according to the Guardian.
The bankers said that Greensill was going to enjoy “exponential growth” over the next three years, according to the Guardian, which cited a January 2020 presentation made to the company’s board. Such a valuation could have triggered a “nine-figure” windfall for David Cameron, the former U.K. prime minister who was working as an adviser to the supply-chain finance company, according to the report.