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A software platform developed for Market Finance Solutions has been put up for sale by administrators following the lender’s collapse, City AM can reveal. The software, which has been designed to be ...

The City watchdog has launched a probe into mortgage lender Market Financial Solutions. The business collapsed in February, leaving creditors including major banks and private credit funds facing a ...

Move follows the granting of a worldwide asset-freezing order on company’s founder, Paresh Raja What is the £1.3bn MFS mortgage scandal and what is private credit? The UK’s financial regulator has ...

Job cuts have continued to dog the UK economy. The owner of a collapsed shadow bank has been hit with a worldwide freezing order after his firm faced fraud allegations. Paresh Raja, founder of Market ...

A worldwide freezing order has been imposed on Paresh Raja, the owner of a UK mortgage provider A £1.3bn worldwide asset freezing order has been granted against the tycoon accused of fraud after his ...

Barclays Plc (BCS) CEO CS Venkatakrishnan said he's “obviously disappointed” that the bank was involved with Market Financial Solutions, a property lender that collapsed earlier this year. However, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Collapsed mortgage lender Market Financial Solutions lent to a property company linked to a man who had ...

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A company closely aligned with Paresh Raja’s now-defunct mortgage lender Market Financial Solutions was allegedly used to siphon off funds from entities backed by Barclays Plc and a firm majority ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In 2019, two small funds were running the usual checks before investing in a fledgling mortgage lender ...