Banks call Mayflower to account as shares suspended

Credit Suisse First Boston and Royal Bank of Scotland are leading a consortium of 17 banks in talks with Mayflower after the UK bus and car parts maker disclosed accounting irregularities.

Mayflowers shares were suspended at 12noon GMT pending clarification of the company's financial position. The shares had climbed 8% to 6.48p.

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JPMorgan to Pay $330 Million Over 1MDB Transactions