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Headlines
U.K. Regulator Launches Probe into Collapsed Lender MFS
Britain's financial regulator said on Friday it had launched an enforcement investigation into mortgage lender Market Financial Solutions, which collapsed in February leaving creditors including major banks and private credit…
Citi Gave £100 Million Credit Line to Lender Backed by MFS’ Raja
Citi group provided a GBP 100M line of credit to Interbridge Mortgages, a fast-growing UK lender backed by Paresh Raja, just as his Market Financial Solutions was hurtling toward collapse, according to a Bloomberg report. Raja…
Evergrande Liquidators, PwC to Face Off in Court Hearing in May
China Evergrande liquidators’ lawsuit to claw back funds from the builder’s auditors will finally reach its first public court hearing in May, about two years after being filed, Bloomberg reported. The parties in the case — China…