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London — The UK’s Financial Conduct Authority (FCA) is investigating Greensill Capital, the lender that collapsed into insolvency in March, according to a response to questions from MPs.

The regulator is “formally investigating matters relating to Greensill Capital UK”, the FCA head Nikhil Rathi said in a letter to the chair of the treasury select committee, Mel Stride. The FCA is “also co-operating with counterparts in other UK enforcement and regulatory agencies” and working with German, Australian and Swiss authorities looking into Greensill entities...

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