Leonard Kehnscherper
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Leonard Kehnscherper
@kehnscherper.bsky.social
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European Asset Management Reporter at Bloomberg News
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Reposted by Leonard Kehnscherper
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GoldenPeaks, the solar firm that borrowed $1.6b from lenders before rapidly unraveling in May, has been accused of moving tens of millions of euros to a company in Malta to shield it from creditors - otherwise known as a "fraudulent conveyance." Latest via @bloomberg.com.

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Debt-Fueled Solar Firm GoldenPeaks Accused of Fraudulent Lending
The collapse of solar-power developer GoldenPeaks Capital followed a number of seemingly “fraudulent” transactions between some entities, according to a court-appointed administrator overseeing the gr...
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August 6, 2026 at 9:59 AM
Reposted by Leonard Kehnscherper
donalgriffin.bsky.social
There's a brokerage in Turkey that - at times this yr - has been worth more on paper than some global investment banks. Its secret, analysts say, is murky layers of conflicts that have helped pump its stock price by 40,000%. Story w/Tugce Ozsoy and Ugur Yilmaz via @bloomberg.com

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Behind the 40,000% Stock Surge That’s Mystifying Traders in Turkey
At first, it was just a curiosity in Turkey’s financial circles: An obscure brokerage firm with a stock that went up and up.
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April 24, 2026 at 9:18 AM
Reposted by Leonard Kehnscherper
donalgriffin.bsky.social
Indian rapper Badshah. Dancers performing inside a glass dome. A vast collection of sporting and music memorabilia that has since disappeared. Behind the scenes at MFS, the UK lender backed by £2b+ of Wall Street loans that collapsed last week. Story via @bloomberg.com

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MFS CEO Spent on Artwork, Parties, Indian Rapper Before Collapse
The walls of Market Financial Solutions Ltd.’s London offices were a shrine to the passions of founder Paresh Raja.
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March 5, 2026 at 1:31 PM
Reposted by Leonard Kehnscherper
donalgriffin.bsky.social
'Get ready bro - sh!t's about to pop off.' An ex-Lazard banker is accused of tipping off an insider-trading ring to more than $60b of health-care M&A deals. They include some of the biggest deals that Lazard has worked on in the sector. Story via @bloomberg.com.

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Ex-Lazard Banker’s Insider Tips Reaped $41 Million Haul, US Says
A former dealmaker at Lazard Ltd., one of Wall Street’s most prominent investment banks, is accused by US authorities of feeding tips on health-care deals to a friend’s network of insider traders, who...
www.bloomberg.com
January 12, 2026 at 8:41 PM
Reposted by Leonard Kehnscherper
donalgriffin.bsky.social
After an exhaustive months-long search for a new chairman ended last year, HSBC has decided to keep a special advisor: the old chairman, Mark Tucker. He will remain in the bank's orbit even as he chairs rival AIA in Hong Kong. Story w/Harry Wilson via @bloomberg.com.

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HSBC Ex-Chairman Mark Tucker to Stay On as Adviser to Lender
As Brendan Nelson begins his first year as the new chairman of HSBC Holdings Plc, there’s one familiar face he will still likely see around the office: his predecessor Mark Tucker.
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January 13, 2026 at 3:29 PM
Reposted by Leonard Kehnscherper
donalgriffin.bsky.social
Stenn, the Wall St.-backed invoice-finance firm, was owed ~$1b when it collapsed in Dec. 2024. This was supposedly made up of short-term invoices owed by big corps around the world. Yet admins have only tracked down £93m of it so far. Story via @bloomberg.com

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Bulk of Stenn’s $1 Billion Debts Remain Outstanding Amid Probe
Officials overseeing the wind-down of Stenn Technologies, the UK invoice-finance firm backed by Wall Street investors, have recovered about one tenth of the funds owed so far as they continue to probe...
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January 8, 2026 at 3:44 PM
Reposted by Leonard Kehnscherper
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Govt officials are piling pressure on UK pension funds to commit 10% of their assets to listed & unlisted British equities as part of a new Mansion House compact. The veiled threat is: agree something meaningful or risk being mandated
w/ @kehnscherper.bsky.social

www.bloomberg.com/news/article...
UK Officials Urge Pension Funds to Invest 10% of Assets at Home
UK government officials are piling pressure on pension fund managers to commit 10% of their assets to listed and unlisted British equities as part of a rebooted Mansion House compact in the summer.
www.bloomberg.com
March 13, 2025 at 11:38 AM