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Fall from grace comes a week after Credit Suisse suspended the $10bn funds over concerns they were over-exposed to steel magnate Sanjeev Gupta

Editorial Board Member, The Wall Street Journal.

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Greensill Capital has tumbled into administration in the UK after Credit Suisse suspended funds valued at $10bn that were supporting the supply chain finance business.

The troubled finance firm is in ongoing talks to sell the majority of its business to Apollo Global Management.

Greensill Capital crashes into administration in UK following liquidity crunch

Greensill Capital files for administration in UK following liquidity crunch

James Booth

Apollo Global Management

Credit Suisse

BlackRock’s drive into private assets should worry smaller rivals — again

Schroders’ new team must deliver or pressure for break-up will grow

EU’s response to Trump trade war could add to UK’s Brexit damage

Ex-EY managing partner Andy Baldwin joins IBM Consulting

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Baldwin left EY after losing out on the CEO role last year

Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Oil was down and equities were up in Asia after President Trump said Israel and Iran had agreed to a ceasefire that could lead to the end of the war, though uncertainty over the situation has kept markets on edge.

Oil Drops, Asia Stocks Rise After Trump Declares Iran-Israel Cease-Fire

The country’s antitrust authority has proposed to designate Google as having strategic market status in general search and search advertising, which could change how the U.S. tech company operates.

U.K. Regulator Sets Out Proposals to Tackle Google’s Status in Search Market

Iran has threatened to close the Strait of Hormuz, a passage for roughly 20% of the world’s petroleum. Many view the scenario as a scorched-earth tactic and distant possibility.

The 6 Miles of Water Keeping Global Markets on Edge

Business activity in the U.S., Europe and some large economies in Asia continued to grow this month despite continued uncertainty about global trade policy and the threat of higher energy prices as conflict in the Middle East intensifies.

Global Business Remains Resilient in Face of Tariffs, Middle East War

Regional and community banks will be able to get in on the stablecoin market through Fiserv ventures with crypto firms and PayPal.

Stablecoin World Opens Up to Main Street Banks

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