Lex Greensill, the founder of SoftBank Group Corp.-backed Greensill Capital, recently agreed to a request from his board: Sell the company’s fleet of private planes.
The four planes—two Piaggios, a Dassault Falcon and a Gulfstream 650—embodied the firm’s ascent in recent years as a fast-growing player in a relatively tame part of finance that helps companies manage their cash flow.
Greensill…
This post first appeared on wsj.com
