3min chapter

Odd Lots cover image

John Hempton on Greensill, Archegos and What It's Like To Short Right Now

Odd Lots

CHAPTER

Trade Finance - What Is Your Big Picture Thought?

In the nineteenth century, there were three great trade finance banks round the world. Two of whom names you will know to this day are hong kong and shanghai bank and standard chartered. The one that you won't know was a bank called english scottish and australian. In 19 72 or three, i don't remember the year, it moved its headquarters from london to australia,. renamed itself a an zed bank, and is now one of the big for australian banks. It also sold its operations in the middle east, in india. But when i worked rn ded bank, and this was in the late nineties,

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