Apollo asset-backed finance unit swings to loss after MFS hit
US private capital giant becomes latest financial institution to suffer from exposure to collapsed UK mortgage lender
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MFS lent to company tied to accountant charged over alleged crime-family work
Collapsed Market Financial Solutions extended mortgages to entities tied to defendant in Michael Adams case
Barclays takes £228mn hit from collapse of UK mortgage lender MFS
Bank to limit complex lending activities and reduce exposure to highly leveraged corporates
MFS owner accused of ‘plundering’ company to fund ‘lavish lifestyle’
Administrators file lawsuit alleging at least £1.3bn ‘misappropriated’ from collapsed mortgage firm
UK regulator to probe collapsed mortgage lender MFS
Investigation follows failure of Mayfair-based lender and linked companies owned by founder Paresh Raja
Barclays blocked transactions linked to property lender MFS months before…
Bank among lenders to have identified issues with Market Financial Solutions after other high-profile failures
Creditors of collapsed MFS claim £1.3bn shortfall
Some £238mn is unaccounted for by entities tied to UK bridge-loan provider, creditors allege in court filings