More Than 1,000 Mf Global Workers Let Go

More than 1,000 MF Global workers let go

NEW YORK (Reuters) - The brokerage arm of collapsed futures firm MF Global Holdings Ltd has terminated its 1,066-member workforce, according to the trustee in charge of liquidating its assets.

  • Banks Revive Risky Loans and Mortgages
    Investments that were vulnerable in the last financial crisis and believed to be gone for good have largely escaped new rules that were made to prevent another crisis. More
  • DealBook: Rising Bank Profits Tempt a Push for Tougher Rules
    Steady earnings growth on Wall Street could embolden the lawmakers and regulators who want to overhaul the banking system. More
  • Court OKs Lehman settlements to free up $15 billion for customers
    A judge on Tuesday approved a set of settlements among Lehman Brothers entities that will allow the company's defunct brokerage to pay back about $15 billion in customer claims. More
  • Judge denies $20M severance deal for AMR CEOJudge denies $20M severance deal for AMR CEO
    A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005. More
  • Avon eliminating hundreds of jobs; leaves Ireland
    Avon is eliminating more than 400 positions and abandoning or restructuring smaller or underperforming businesses in Africa, the Middle East and Europe, including an exit from Ireland. The company said Monday that the job cuts, which equate to about 1 percent of Avon's 39,100 employees, will occur across all regions and segments. More
  • India has among the lowest MF-GDP ratios globally: Report
    Globally, mutual fund AUM (asset under management) has grown at a CAGR of 5.8 per cent over the past five years. In 2015, global MF assets increased slightly by 0.5 per cent to USD 32.2 trillion, the report said. Exposure to equity funds has increased by 3 ...
    09/21/2016 - 6:20 pm | View Link
  • Materials & Chemicals Market Research News
    9Dimen Group has recently added new report on "Global MF-UF Membrane Market 2016 Industry Growth, Size, Trends, Share, Opportunities and Forecast to 2020" to their research database. Global MF-UF Membrane Industry 2016 Market Research Report was a ...
    09/20/2016 - 1:30 am | View Link
  • Global MF/UF Membrane Market Research Report 2016 is released
    Notes:\r\nProduction, means the output of MF/UF Membrane\r\nRevenue, means the sales value of MF/UF Membrane\r\n\r\nThis report studies MF/UF Membrane in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on ...
    09/12/2016 - 10:57 pm | View Link
  • Accounting Backfired at MF Global
    In all cases, it produced profits that vanished before they were actually realized. Now there is another example at MF Global, the brokerage firm that Jon Corzine ran into the ground. The accounting maneuver allowed MF Global to buy bonds issued by ...
    06/7/2012 - 11:02 am | View Link
  • MF Global Files Bankruptcy as Broker-Dealer Unit Liquidates
    Bloomberg Finance is a unit of Bloomberg LP, the parent of Bloomberg News. MF Global asked for a Jan. 30 deadline to file its full list of debt and assets, seeking a 75-day extension of the usual two-week window given under bankruptcy law. The company ...
    10/31/2011 - 6:21 pm | View Link
  • More
  • MF Global Singapore
    MF Global, the Brokerage division, is one of the world's largest futures and options brokers and commands a global presence with offices that include London, Paris ...
    | View Website
  • Leading Cash and Derivatives Broker-dealer | MF Global
    MF Global delivers trading and hedging solutions across all major markets for futures and options,commodities,fixed income,equities and foreign exchange.
    | View Website
  • MF Global
    MF Global, formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011.
    | View Website
  • MF GLOBAL HOLDINGS LTD., et al. Chapter 11 Website
    Welcome to the case administration website for the chapter 11 bankruptcy proceedings of the following MF Global entities: MF Global Holdings Ltd. (Case No. 11-15059 ...
    | View Website
  • MF Global
    SEC-CFTC Statement on MF Global 11/01/2011 09:30 AM EDT FOR IMMEDIATE RELEASE 2011-230 Washington, D.C., Oct. 31, 2011 ...
    | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News