A Bremen-based bank owned by Greensill Capital has come under scrutiny from German regulators who are concerned about its exposure to a single Greensill client, according to a person familiar with the matter.
Greensill Bank, a small, decades-old lender previously known as NordFinanz Bank AG, has grown rapidly in recent months. Financial News first reported last year that Greensill poured the bulk of an $800m investment from the SoftBank Vision Fund into the bank to recapitalise its balance sheet.
