Barclays accused of withholding £160m from collapsed lender MFS

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City AM

Barclays accused of withholding £160m from collapsed lender MFS

The administrators of collapsed mortgage lender MFS are taking legal action against Barclays after the bank allegedly refused to hand back millions of pounds sat in its accounts. Alix Partners, which was appointed as joint administrators for Market Financial Solutions in February, filed a High Court claim against Barclays on 31 July to claw back [...]