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^The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long ...

Bangladesh Bank has introduced stricter safeguards for adding money to mobile financial service (MFS) accounts using bank cards, in a bid to curb rising fraud involving cash-in transactions. The ...

New innovation in the exchange-traded fund industry could come at a cost to investors during extreme conditions. According to MFS Investment Management's Jamie Harrison, ETFs involved in increasingly ...

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 ...

Barclays Plc is scaling back its asset-based lending to smaller borrowers, according to people with knowledge of the matter, after the collapses of Market Financial Solutions Ltd. and Tricolor ...

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 ...

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 Financial Solutions (MFS), has been told by ...

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, ...