Supply chain finance
First Brands Bankruptcy Reveals Hidden Risks in Trade Finance
The collapse of First Brands Group has sent shockwaves through global finance, exposing billions in hidden liabilities and sparking scrutiny of trade finance practices and accounting standards.
First Brands Bankruptcy Unveils $866mn Supply Chain Finance Exposure
First Brands Group, a major US auto parts supplier, has filed for bankruptcy, exposing over $866 million in supply chain finance debt and triggering industry-wide scrutiny of opaque financing practices.