German town fears $46 million loss on Greensill Bank accounts
BUSINESS
March 4, 20211 min read295 words
Published: March 4, 2021  |  1 min read295 words
By FRANKFURT (Reuters) - The mayor of Germany’s Monheim am Rhein is concerned that it may lose 38 million euros ($46 million) invested with Greensill Bank after a warning on Wednesday by the country’s financial regulator of “an imminent risk” to the lender.The sleepy northwestern...
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