Collapse of UK Lender Evokes First Brands and Tricolor Implosions
Fraud allegations hang over yet another firm Wall Street trusted with millions of dollars
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Welcome to The Brink. It’s Luca Casiraghi in Milan, where I followed the collapse of MFS, a nonbank lender in the UK facing fraud allegations. We also have news on software loans, a Spanish beach destination and Apollo’s MidCap Financial. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
The collapse of a little-known mortgage lender based in London has sent some of the biggest names on Wall Street into a tailspin.