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It is reported that the Bank of England inquired with banks about MFS risk exposure, with Barclays listed.
The Financial Times of the United Kingdom, citing sources familiar with the matter, reports that the Bank of England is inquiring about the banks’ exposure to the now-defunct UK mortgage lender Market Financial Solutions Ltd. (MFS). The report states that the Prudential Regulation Authority (PRA) has asked several banks, including Barclays, to provide more information.