Lessons from Greensillâs insolvency: Nothing to do with Supply Chain Finance
Greensill Capital, a UK based SCF company, filed for insolvency early this month. The companyâs SCF business was ostensibly built on âReverse Factoringâ (RF) arrangement. While media reports and regulators evaluate what went wrong, we as practitioners need discern facts from fiction and pick up our lessons. Amit Balooni share the learnings this case has for bankers