Adam Neumann, co-founder and CEO of WeWork, is understood to have cashed out roughly $700 million from the company
Lending money to charismatic chief executives of valued clients has long been an important business line for the world’s investment banks, but it is a risky business.
For several US investment banks, this was made brutally apparent in 2018. The now notorious $1.6 billion margin loan they extended to former Steinhoff chairman Christo Wiese in 2016 blew up following the $17.4
Thanks for your interest in Euromoney!
To unlock this article:
