Bloomberg
Barclays, Fidera Seek Payout From Bankrupt UAE Remittances Firm
Friday, October 23, 2026
Barclays and hedge fund Fidera are among creditors filing claims against United Arab Emirates Exchange Center LLC, a Dubai-based remittance provider that ceased operations. The firm has an estimated $1 billion shortfall in its balance sheet. The number of creditors and total amount being claimed have not been disclosed.
Original reporting: