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19.03.26 - 09:24
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Owner Of Failed UK-Based Private Lender MFS Hit With Worldwide Asset Freeze (ZeroHedge)
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Owner Of Failed UK-Based Private Lender MFS Hit With Worldwide Asset Freeze
When we reported on the collapse of the first major UK-based private credit lender, Market Financial Solutions (or MFS), the UK mortgage lender that borrowed more than £2 billion ($2.7 billion) from Wall Street backers, and which collapse in spectacular fashion, we pointed out that the mastermind behind the operation, Paresh Raja, may have opportunistically fled to Dubai, although he may have since fled again for obvious reasons.
Now, Bloomberg reports that officials overseeing the wind-down of have obtained a worldwide asset-freezing order against owner Paresh Raja. Courts in London and Dubai granted the order, according to a spokesperson for AlixPartners, the insolvency firm appointed by creditors to oversee the insolvency of MFS.
Paresh Raja must provide details of all his assets worth more than £10,000
MFS borrowed from Wall Street banks and investment firms including Barclays and Apollo's Atlas SP Partners...
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19.03.26 - 07:36
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Are Barclays shares really 50% cheaper than HSBC right now? (Fool)
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Barclays shares are trading at a price-to-book ratio half that of rivals like HSBC. Ken Hall looks at what the sharp discount means for investors.
The post Are Barclays shares really 50% cheaper than HSBC right now? appeared first on The Motley Fool UK....
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18.03.26 - 07:36
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Down 23%, are Barclays shares back in the bargain bin? (Fool)
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Barclays shares have plunged by almost a quarter since their February high. However, higher energy prices could boost profits for UK banks in 2026/27!
The post Down 23%, are Barclays shares back in the bargain bin? appeared first on The Motley Fool UK....
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17.03.26 - 13:30
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Barclays, Sage Enter Strategic Partnership (AFX)
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LONDON (dpa-AFX) - Barclays (BCS, BARC.L, BCY.DE) and Sage announced a new strategic partnership designed to help businesses save time on business administration. The partnership brings together B......
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17.03.26 - 07:36
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Down 25%, are Barclays shares too cheap to miss? (Fool)
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Nobody expected Barclays' shares to fall so hard after their big multi-year gains. So the dip does make the valuation look tempting again.
The post Down 25%, are Barclays shares too cheap to miss? appeared first on The Motley Fool UK....
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