Tuesday, 02 January 2024 12:17 GMT

Credit Suisse Loses Greensill Lawsuit Against Softbank


(MENAFN- Swissinfo) Swiss bank Credit Suisse, which was taken over by rival UBS, has lost a lawsuit in the United Kingdom against the Japanese investment group Softbank over claims related to Greensill funds. This content was published on October 16, 2025 - 10:42 2 minutes AWP/Keystone-SDA

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Credit Suisse had been seeking damages from Softbank totalling $440 million (CHF350 million). The London High Court dismissed the claim in a judgement published on Wednesday. Several media outlets first reported on the case on Wednesday evening.

The legal dispute concerned claims by the Greensill funds against the now insolvent American construction company Katerra.

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