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Business deals

Credit Suisse disputes SoftBank chief's account of Greensill deal

Swiss bank says 'discrepancy' between Son's words and email from Lex Greensill

SoftBank founder Masayoshi Son.   © Reuters

Credit Suisse is disputing SoftBank founder Masayoshi Son's account of a controversial deal the Japanese group struck with Greensill Capital, as once-close ties between the companies turn increasingly bitter.

The Swiss bank last month launched legal action in the US over $440m owed to its wealthy clients by Katerra, a Californian construction group that was backed by SoftBank's $100bn Vision Fund and also a client of supply chain finance group Greensill.

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