MARKET REPORT: Forex group Finablr flounders after tycoon’s shares pledge

On a strong day for the stock market, forex group Finablr stood out for all the wrong reasons. It lost more than a quarter of its value after it emerged billionaire majority owner BR Shetty had pledged 392m shares, or 56 per cent of the company, to refinance debts related to the acquisition of Travelex in … Read more

Travelex owner Finablr dumped by auditor after troubled finance company rocked by scandal

Travelex owner Finablr dumped by auditor after troubled finance company rocked by scandal By Daily Mail City & Finance Reporter Published: 22:09 BST, 30 March 2020 | Updated: 22:09 BST, 30 March 2020 Travelex owner Finablr has been dumped by its auditor after the troubled finance company was rocked by scandal.  Ernst & Young (EY) … Read more

STOCK WATCH: US raiders all set for showdown with Pru chiefs; Cineworld and Finablr in focus

STOCK WATCH: US raiders all set for showdown with Pru chiefs; Cineworld and Finablr in focus By Jamie Nimmo For The Financial Mail On Sunday Published: 22:15 GMT, 29 February 2020 | Updated: 23:05 GMT, 29 February 2020 If bosses at Prudential thought they could easily shake off their new activist stalkers, they should think … Read more