PRA censures former chief investment officer for failings while on the board of Sanjeev Gupta’s lender
Big Four firm admits it failed to recognise risks posed by bank’s loans to steel magnate’s wider business empire
Prudential Regulation Authority’s penalty comes after it censured lender owned by steel magnate Sanjeev Gupta
Lender criticised for over-reliance on companies related to steel magnate’s now struggling empire
Silver Bank’s shareholder has ties to alleged fraudster Prateek Gupta
Metals magnate used BRCI for payments including carbon credits sale that prompted outcry from Czech politicians
Virtually all loans now in default at bank owned by industrialist under fraud probe
Metal magnate’s deeply connected right-hand man opened doors to politicians and global banks
MPs hear that future of lender in doubt after Gupta refuses to inject cash for relaunch
FRC is also investigating audit of Sanjeev Gupta’s Wyelands Bank
Andrew Bailey tells MPs the NCA was informed of investigation over concerns about transactions with ‘certain parties’
Aigis Banca was ordered into liquidation by the Bank of Italy, with its assets transferred to a rival
Regulators forced lender to repay hundreds of millions of pounds to depositors
Based over a row of shops, King & King audits more than 60 of the steel magnate’s companies
Bulk of business at Gupta’s Liberty Commodities was from trades within the company or with close associates
Metals magnate sought help from law firm Mossack Fonseca over establishing offshore lender
Mansion is latest purchase by ‘saviour of steel’ whose empire received taxpayer loans
Collapsed firm provided loans on the back of bills from companies with links to steel magnate
Wyelands provided funding to collapsed trading firm Phoenix Commodities
Bank owned by Sanjeev Gupta may have breached rules on lending to ‘connected entities’
Links between UK lender and funding of owner’s empire come under spotlight
Challenger bank pays £64m for building whose main tenant is its owner’s family business
The rapid expansion of his metals empire has won acclaim, but also drawn scrutiny
Wyelands filings raise questions about how lender deploys savers’ deposits
