Business
Thousands of jobs on the line as Australian billionaire Lex Greensill’s empire teeters on the brink of collapse – NEWS.com.au
Thousands of jobs on the line as Australian billionaire Lex Greensill’s empire teeters on the brink of collapse
A Bundaberg farmer-turned globetrotting billionaire is this week staring down the collapse of his financial empire and thousands of Australian jobs could hang in the balance.Lex Greensill, who famously grew up on Australia’s largest sweet potato farm before embarking on a high-flying career in finance, is racing to save his troubled lender Greensill Capital after investment bank Credit Suisse on Monday froze billions of dollars of funding, kicking off an explosive chain of events that has rocked…
-
Noosa News10 hours agoShocking moment Bradley Donald Towle arrested after Bruce Hwy rampage and shooting on Sunshine coast
-
Noosa News17 hours agoMollie O’Callaghan admits to doubts, wins gold at Australian Open Swimming Championships
-
General11 hours agoNSW Police to provide update on Sydney woman’s kidnap from Bankstown home and killing
-
General24 hours agoFounder Schwab quits as World Economic Forum chair