Softbank Group Watchlist
Softbank – The Credit Suisse Dispute
214 Views, 11 Jan 2022 12:52
- The FT reports that Credit Suisse is increasingly aggressive in its dispute with Softbank over the lack of payment of funds to its clients related to Katerra and Greensill.
- Masayoshi Son apparently denies any knowledge of the Katerra deal which Credit Suisse is attempting to refute with documentation from Greensill.
- The flare up with one of its major previous financial partners is telling and the whole episode does not look good for Softbank’s governance image.