Duncan Mavin

The end of Credit Suisse in March 2023 stunned the financial world. What happened and why it matters - read it in my new book, available to pre-order on Amazon now: Meltdown: Scandal, Sleaze and the Collapse of Credit Suisse amzn.eu/d/6zssLQb

It's always fascinating to read ⁦@Simon_Nixon⁩ on Europe. His deeply insightful take on the lessons of appeasement/deterrence is a must for anyone seeking to understand what is at stake right now. bloomberg.com/news/articles/…

It was such a pleasure to work with acclaimed sci-fi writer Ian Watson on this article about his time with Kubrick, and the screenplay that became the Spielberg movie 'AI Artificial Intelligence' which premiered 25 years ago bloomberg.com/news/articles/…

Meltdown is Paperback of the Week in the Sunday Times! #creditsuisse

The premier league's Big6 #safc

‘Perpetual god’: Sanjeev Gupta trial reveals cash crunch & Greensill reverence More revelations of the desperate money-go-round which has long defined the GFG Alliance. Top reporting from the FT, total embarrassment for those taken in by him. ft.com/content/ccbd3e… via @ft

Badenoch accused of ‘interfering’ in lobbying scandal linked to Cameron. The Greensill affair has never been cleared up. Cameron responsible for disasters like austerity economics which stuck U.K. in low growth prison after 08/9 crash and Brexit damage theguardian.com/politics/2025/…

@liensofnewyork Read this and meet his recent predecessors in private assets fraud (coincidentally a telecom company -Vodafone- featured heavily at Greensill, so heavily that their Treasurer became Greensill CFO!)

Before First Brands, Tricolor and 777 Partners as well as the frauds at Merchants Bank, Zions, and Western Alliance along with the alleged fraud ring in Baltimore there was Greensill Capital. In March 2021, Greensill Capital, the UK-based leading supply chain financing provider, with 16 offices across the world, filed for insolvency. Less than two years earlier, Greensill had received a $1.5 billion investment from SoftBank’s Vision Fund, valuing the company at $3.5 billion. Greensill's lending was considered risky due to its reliance on lending against future, not yet generated, invoices, which was riskier than traditional supply chain finance. Many of the loans were made to companies that later proved unable to repay. This practice, combined with a high concentration of exposure to specific clients like Sanjeev Gupta's GFG Alliance, made the company vulnerable when a key insurer declined to renew coverage for the loans October 15, 2025 Credit Suisse on Wednesday lost its $440 million London lawsuit against Japan’s SoftBank Group Corp. over losses linked to collapsed finance firm Greensill Capital. Greensill’s collapse made Credit Suisse close $10 billion of funds linked to the financial firm and, along with other scandals, led to the 2023 state-backed rescue of the 167-year-old Swiss bank by rival UBS Group. -reuters #cracksincredit

'Gripping . . . Scandal after scandal’ – @thetimes From Bloomberg editor and bestselling author Duncan Mavin (@dumav), MELTDOWN: Scandal, Sleaze and the Collapse of Credit Suisse is out now in paperback from @panmacmillan

British police have seized more than £12 million of dinosaur skeletons - a mother and baby Allosaurus + a Stegosaurus - after agreeing a settlement with a Chinese national suspected of being part a huge money laundering scandal. cc @SteveBrusatte bloomberg.com/news/articles/…

......Third, there were parts of his evidence which I concluded were at odds with the documentary record....concluded that I needed to be cautious about some of his evidence." #pyramidoflies

From the judge re Lex in court: "It seemed to me that his evidence... involved a reconstructed narrative which showed him in the best possible light... Second, some of the contemporaneous documents which Mr Greensill wrote...contained untruthful statements...

Another Greensill court case and more confirmation of what is in Pyramid of Lies. I've followed this story for years, but it's staggering to see in a court document one of Greensill's biggest investors telling staff: "Lex is slippery and prone to lying" bloomberg.com/news/articles/…

🎁 link to this sweeping ⁦@dumav⁩ read ⁦⁩ on Andrew Pearse - from ‘tuna bonds’, Mozambique & Credit Suisse to the DoJ taking an interest, police coming to his Kent farmhouse, collecting rubbish for a living & an unusual US courtroom finale bloomberg.com/news/features/…

I'm very grateful for the chance to tell this story: Former-Credit Suisse banker Andrew Pearse had it all. Then he got greedy, became entangled in a $2 billion fraud and lost the lot. bloomberg.com/news/features/…

Tidjane Thiam, the former Credit Suisse CEO now barred from running for president in Ivory Coast, talks about blocked ambitions, prejudice and why he won’t give up. bloomberg.com/features/2025-… via @business

The latest episode of A Book with Legs is here! In this episode, @Cole_Smead sits down with @business Editor @dumav to discuss his book, “Meltdown: Greed, Scandal, and the Collapse of Credit Suisse.” The two explore the founding of Credit Suisse and its morally questionable history, which found the bank involved in a long list of scandals, including the laundering of Nazi funds and stolen assets, banking relationships with drug dealers and dictators, and the incineration of holocaust related documents. They also cover the bank’s collapse in March of last year, one of the largest shocks to the banking industry since the 2008 crisis. Watch here: hubs.ly/Q03y0qPw0 Sign up to be notified about new episodes: hubs.ly/Q03y0lc90 #PlayTheLongGame #ABookwithLegs #Banking @Pegasus_Books

“This is from Uncle Jeffrey.” Jes Staley’s appeal of his FCA ban has brought the details of his close relationship with Jeffrey Epstein back into focus. bloomberg.com/features/2025-… via @wealth