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Thursday, March 12 2026
Liquidators Lose Appeal to Sue StanChart, BSI over Dodgy 1MDB Deals
The Court of Appeal has dismissed the appeal by foreign liquidators to sue Standard Chartered and BSI Bank over transactions allegedly linked to the 1Malaysia Development Bhd (1MDB) saga, blocking efforts to recoup assets lost in…
Thursday, March 12 2026
Lenders Warn Collapsed UK ‘Shadow Bank’ Has £1.3 Billion Hole
A British “shadow bank” that collapsed amid fraud allegations had a £1.3bn hole in funds owed to lenders, its creditors have claimed, The Telegraph reported. On Tuesday, creditors claimed in a court filing that Market Financial…
Thursday, March 12 2026
Mubadala’s €1 Billion Award Pushes Trust Linked to Signa’s Benko Into Insolvency
A private foundation co-founded by former real estate tycoon Rene Benko has collapsed into insolvency after a court ruled it owed sovereign wealth fund Mubadala Investment Co about €1 billion on soured investments, Bloomberg News…
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