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Barclays halted transactions associated with property lender MFS months prior to its collapse.

Barclays halted transactions associated with property lender MFS months prior to its collapse.

Barclays has been blocking specific transactions linked to a UK mortgage firm for several months, but the situation took a dramatic turn last week when the company faced fraud allegations and account freezes were implemented in early January. This bank is among several financial institutions, including Castlelake, a private credit organization, that have flagged concerns […]