Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Ask the expert: Is £500k enough to retire?

      Marianna Hunt discussing financial strategies at a business conference, wearing a professional suit, engaging with the aud...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      LIV Golf players knew the risks of rebel tour, Rory McIlroy says

      Sorry, I need more context from the article content to generate an appropriate alt text for the image.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Music and wine is the ultimate pairing- where to enjoy it this summer

      Wine and music enthusiasts enjoying a vibrant London event, featuring wine tasting and live performances in a lively setting.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide
  • Sign In
  • Sign Out
  • My Account

deputy mayor

  • Former deputy mayor’s failed FX firm named in Natwest ‘bin bags of cash’ probe

    Fintech

    The collapsed foreign exchange firm founded by the former deputy mayor of London was used in an alleged £365m money laundering scheme while he was chief executive, City A.M. can reveal.

    The collapsed foreign exchange (FX) firm owned by Labour candidate and former deputy mayor of London, Rajesh Agrawal, was holding millions of pounds in cash for a Maltese company linked with a bribery scheme, City A.M. can reveal.

Trending Articles

  • Fifa suffers legal setback just weeks before 2026 World Cup kick-off

  • As it happened – Starmer fights for premiership in make-or-break speech

  • Star stockpicker Terry Smith dumps entire Unilever holding after McCormick mega-merger

  • ‘Lacking motivation’ – UK employers worry about graduates’ attitude 

  • As it happened: Ministers resign as gilt yields at 28-year high

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited