Norway’s sovereign wealth fund owned stakes worth almost 2 billion kroner ($208 million) in Turkish companies now caught up in the country’s widening market-manipulation investigation.

Market Financial Solutions Ltd. founder Paresh Raja denied looting his company, saying the fast-growing UK property lender was headed toward a sale or listing before Barclays Plc triggered its collaps...

For a long time, it seemed little could stop Altunc Kumova, a discreet businessman who became one of Turkey’s richest people after a meteoric rise in his finance firm’s stock.

The collapse of solar-power developer GoldenPeaks Capital followed a number of seemingly “fraudulent” transactions between some entities, according to a court-appointed administrator overseeing the gr...

A former partner at Davidson Kempner Capital Management, one of the world’s biggest hedge funds, claims he was forced to exit the firm in a manner that has denied him $80 million he says he’s owed.

A little-known Polish subsidiary of GoldenPeaks Capital is having an outsize role in the unraveling of the solar-power developer backed by lenders including Brookfield Asset Management and NordLB.

The case, whose details are now unfolding from court documents, has all the ingredients of a Hollywood crime movie.

Joh. Berenberg, Gossler & Co. KG and Brookfield Asset Management Ltd. are battling over the future of GoldenPeaks, an energy company staring at collapse after borrowing $1.5 billion for European s...

Euro Exchange Securities UK Ltd., a British payments company, handled at least £2 billion ($2.7 billion) for a small group of risky customers before regulators moved to seize the firm over fears it wa...

The UK’s audit watchdog is probing accountancy firms linked to Market Financial Solutions Ltd., the mortgage lender backed by multiple Wall Street banks that collapsed in February.

A former partner at Davidson Kempner Capital Management, one of the world’s biggest hedge funds, alleged in a court filing that Chief Investment Officer Tony Yoseloff operates with “uncontrolled power...

The owner of collapsed mortgage lender Market Financial Solutions Ltd. allegedly used money borrowed from Wall Street banks to amass a personal property empire and a cash fortune of at least £408 mill...

Barclays Plc hopes to get back much of the £500 million ($674 million) it lent to Market Financial Solutions Ltd. even as insolvency officials overseeing the now-collapsed mortgage lender remain uncer...

At first, it was just a curiosity in Turkey’s financial circles: An obscure brokerage firm with a stock that went up and up.

Paresh Raja, the founder of collapsed mortgage firm Market Financial Solutions Ltd., is facing a £1.3 billion ($1.8 billion) lawsuit in the UK from creditors alleging he breached his fiduciary duties.

Barclays Plc was replaced by Wells Fargo & Co. as a lender for a property portfolio assembled by Market Financial Solutions Ltd., days after the UK bank began freezing the now-collapsed mortgage f...

A former top trader and partner at Davidson Kempner Capital Management accused the firm and its investing chief, Tony Yoseloff, of ousting him last year after he attempted to expose wrongdoing.

The collapse of Paresh Raja's property empire has left lenders facing up to $1.7 billion of losses and questions about their due diligence.

Market Financial Solutions Ltd. faces an investigation by the UK financial regulator, marking the first publicly disclosed action by authorities into the mortgage lender that collapsed owing billions ...

Citigroup Inc. provided a £100 million ($134 million) funding line to Interbridge Mortgages, another fast-growing UK lender backed by Paresh Raja, just as his Market Financial Solutions Ltd. was hurtl...

The collapse of Market Financial Solutions Ltd, a UK mortgage lender accused of widespread fraud, has intensified concern over a growing problem in finance — what happens when lending is pushed out of...

Eating a fry-up for breakfast in the name of investigative journalism

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 owne...

Creditors caught up in the collapse of UK mortgage lender Market Financial Solutions Ltd. claim a network of companies linked to its owner sits at the center of an alleged fraud that helped cause a £1...

Creditors owed more than £2bn have made allegations of fraud at insolvent business

The walls of Market Financial Solutions Ltd.’s London offices were a shrine to the passions of founder Paresh Raja.

Some creditors of Market Financial Solutions Ltd., the failed UK mortgage firm backed by Wall Street lenders including Barclays Plc, warned there may be a £930 million ($1.3 billion) shortfall in coll...

A former land minister has amassed more than 350 properties adding to concerns over the ability to scrutinize inflows of foreign money into Britain

As Market Financial Solutions Ltd. hurtled toward collapse in London, the setting was new, but the themes felt familiar.

Barclays Plc and Atlas SP Partners are among Wall Street firms that helped arrange more than £2 billion ($2.7 billion) of loans to a UK mortgage-finance company that has unraveled amid allegations of ...

Norges Bank Investment Management, Norway’s $2.1 trillion sovereign wealth fund, cut ties with a finance firm in Turkey after regulators fined one of its top managers for improper trading.

Lars Windhorst, the embattled German financier who has faced multiple lawsuits in recent years, was sued in the US for allegedly failing to repay millions of dollars in debts arising from a bond deal ...

Emails show Sultan Ahmed bin Sulayem corresponded with the disgraced financier for more than a decade after Epstein was first jailed in 2008 for procuring a minor for prostitution

Officials winding down Argentex Group Plc have walked away from a volatile portfolio of currency derivatives that helped cause the UK brokerage’s collapse, with customers facing a near-total wipeout o...

Wrexham AFC, the Welsh soccer club controlled by Hollywood stars Ryan Reynolds and Rob McElhenney and backed by Apollo Global Management Inc., has been caught up in the collapse of UK currency brokera...

Nomura Holdings Inc.’s loans to an investment fund embroiled in a short-selling firm’s allegations against Indian billionaire Gautam Adani have come under scrutiny in a London lawsuit.

As Brendan Nelson begins his first year as the new chairman of HSBC Holdings Plc, there’s one familiar face he will still likely see around the office: his predecessor Mark Tucker.

A former dealmaker at Lazard Ltd., one of Wall Street’s most prominent investment banks, is accused by US authorities of feeding tips on health-care deals to a friend’s network of insider traders, who...

Officials overseeing the wind-down of Stenn Technologies, the UK invoice-finance firm backed by Wall Street investors, have recovered about one tenth of the funds owed so far as they continue to probe...

Brian Kahn, the former chief executive of Franchise Group Inc., pleaded guilty to defrauding hedge fund investors of about $300 million, a scandal that hastened the collapse of the retail company he b...

The disgraced financier maintained an abundance of access across the finance industry and was willing to play hardball to secure wealth and influence.

Citigroup and MUFG were among the firms stung by $2.6 billion trade that’s now at the heart of a London lawsuit, raising questions about client checks

Citigroup Inc. hired law firm Paul Weiss to investigate complaints about the behavior of the bank’s wealth-management chief, Andy Sieg, who was brought on by Chief Executive Officer Jane Fraser as a h...

[FREE TO READ] Government’s Official Receiver files application to appoint ‘special manager’ if business goes into liquidation

Christopher Harborne, a little-known mogul who’s one of the biggest backers of Nigel Farage’s political ascent in the UK, seemed to have landed a bargain.

After losing his job for spoofing, Sawada trades stocks out of a cafe in Tokyo.

Swiss hedge fund Blue Diamond Asset Management posted its worst ever monthly result in April even after staging a partial recovery from losses triggered by US President Donald Trump’s tariff plans.

Argentex Group Plc, the UK finance firm set up to help customers manage volatile currency swings, should have taken some of its own advice.

Blue Diamond Asset Management, a Swiss hedge fund that seeks to profit from volatility, lost almost a fifth of its value during the market rout triggered by US President Donald Trump’s tariff plan.

[FREE TO READ] US cloud company seeking blockbuster $32bn IPO had to remedy serious administrative errors in December