HeyJaredTom Saunders
- Indexed articles, last 90 days
- 8
- Latest publication
- Sep 15, 2026
- Outlet visibility, for yahoo.com
- Top 1K sites
- Earliest in this view
- Jul 14, 2026
Latest articles
Founder of collapsed shadow bank ‘gambled millions at Mayfair casinos’ (opens the original)
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The founder of a collapsed British shadow bank spent millions in Mayfair's casinos. Paresh Raja, who led Market Financial Solutions (MFS), was a prolific gambler at two prominent Mayfair casinos, the Palm Beach Casino and the Colony Club, according to an individual familiar with Mr Raja's gambling. MFS collapsed earlier this year amid accusations of a £1.3bn fraud. Mr Raja and his wife allegedly received more than £408m from "funds managed by MFS" to "personal bank accounts" in the UK, Monaco, S
Shadow bank boss accused of £1.3bn fraud had been bankrupt (opens the original)
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The boss of a collapsed British shadow bank accused of £1.3bn fraud had been declared bankrupt shortly before he launched the company, it has emerged. Paresh Raja, who led mortgage lender Market Financial Solutions (MFS), was made bankrupt over a £350,000 debt just a year before the business started. He has been accused of "plundering" MFS to fund a lavish lifestyle that included buying "a vast number of cars" such as three Aston Martins, two Mercedes, six Ferraris and three Rolls-Royces. The co
AI lending rules loosened despite bubble fears (opens the original)
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AI data centres will be exempt from strict financial crisis-era lending rules despite fears regarding the sector's debt-fuelled spending. The US Securities and Exchange Commission (SEC) has loosened rules for some data centre owners to issue so-called "asset-backed securities" (ABS), a complex type of debt which contributed to the 2007-08 crash. Owners will no longer have to comply with certain disclosure and risk rules, the SEC said, making it easier for data centre owners to borrow money. It c
Labour’s death tax raid triggers scramble to buy life insurance (opens the original)
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A rush to beat Labour's death tax has triggered a boom in life insurance sales. Unused pension savings and death benefits will be subject to inheritance tax from April next year. The changes, announced by Rachel Reeves, the former chancellor, in her 2024 Budget, have already triggered a rush of people looking for ways to cover the steep tax bills their pensions could now leave behind. Barry O'Dwyer, the chief executive of Royal London, Britain's biggest life and pensions mutual, said more custom
Bank tax raid would hurt Britain, Wall Street chief warns Burnham (opens the original)
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A fresh tax raid on banks would hurt Britain, the boss of one of Wall Street's biggest banks has warned Andy Burnham. Dame Jane Fraser, the Scottish-born chief executive of Citigroup investment bank, said that any increase in taxes risked making the UK a prohibitively expensive place to do business. During a visit to London on Wednesday, she said that "money moves with its feet", pointing out that "even Frankfurt and Paris are lower" when it comes to taxes for banks. "It makes it a tougher decis
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