Four banks dropped Liberty’s commodity trading business after alleged paperwork problems in metal trades.
Four banks dropped Liberty’s commodity trading business after alleged paperwork problems in metal trades. British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group. Four banks stopped…