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.

RELATED ARTICLES
  • 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
ASK NEWS:
  • Proposed Settlement With Commerz Markets LLC in the In re MF Global ... - ABC News 4 Charleston
    Tountas & Auld LLP NEW YORK UNITED STATES DISTRICT COURTSOUTHERN DISTRICT OF NEW YORK IN RE MF GLOBAL HOLDINGS LIMITED SECURITIES LITIGATION...
    04/13/2015 - 10:17 am | View Link
  • Proposed Settlement with Certain Underwriter Defendants in the In re ... - Yahoo! Finance
    Proposed Settlement with Certain Underwriter Defendants in the In re ... - WMBF
    04/9/2015 - 9:14 am | View Link
  • More
YAHOO NEWS:
  • MF Simplified: How to invest in uncertain times
    Kunal is in his late twenties and draws a good pay check. He manages to save a decent amount every month. Based on the advice of his financial planner, he started investing a fixed amount in an equity-based mutual fund, through a Systematic Investment Plan (SIP).
    04/13/2015 - 10:59 pm | View Link
  • Proposed Settlement With Commerz Markets LLC in the In re MF Global Holdings Limited Securities Litigation
    NEW YORK, April 13, 2015 /PRNewswire/ -- The following statement is being issued by Bernstein Litowitz Berger & Grossmann LLP and Bleichmar Fonti Tountas & Auld LLP regarding the In re MF Global Holdings Limited Securities Litigation.
    04/13/2015 - 9:00 am | View Link
  • Proposed Settlement with Certain Underwriter Defendants in the In re MF Global Holdings Limited Securities Litigation
    NEW YORK, April 9, 2015 /PRNewswire/ -- The following statement is being issued by Bernstein Litowitz Berger & Grossmann LLP and Bleichmar Fonti Tountas & Auld LLP regarding the In re MF Global Holdings Limited Securities Litigation.
    04/9/2015 - 9:00 am | View Link
  • Fidelity MF eyes India re-entry
    The Rs 12 lakh-crore Indian mutual fund (MF) sector is likely to witness a key trend reversal. After a spate of exits by foreign fund houses in recent years, Fidelity Investments, a global asset manager, is looking to re-enter the segment here.
    04/1/2015 - 7:44 pm | View Link
  • Norrep Short Duration 2014 Flow-Through Limited Partnership Completes Rollover Transaction
    Norrep Capital Management Ltd. , the promoter and manager of the Norrep Short Duration 2014 Flow-Through Limited Partnership announces that the previously announced tax deferred transfer of the assets ...
    03/27/2015 - 3:42 pm | View Link
  • More
BING NEWS:
  • PRESS DIGEST
    Jon Corzine, the embattled former MF Global Holdings chief executive, has discussed plans to start his own hedge fund in recent months, according to people familiar with the matter.(on.wsj.com/1cO9EAC) * Comcast Corp and Time Warner Cable Inc are slated to ...
    04/19/2015 - 5:49 pm | View Link
  • Jon Corzine Considers Launching Hedge Fund
    Jon S. Corzine, the embattled former MF Global Holdings Ltd. chief executive and ex-chairman of Goldman Sachs Group Inc., GS-1.43 % has discussed plans to start his own hedge fund in recent months, according to people familiar with the matter. The fund ...
    04/19/2015 - 4:37 pm | View Link
  • Almost 4 years after MF Global failed, Jon Corzine is reportedly getting ready for a comeback
    (Chip East/Reuters)Jon Corzine.Jon Corzine is thinking about making a comeback. According to a report from The Wall Street Journal, Corzine, who was formerly chairman of Goldman Sachs and the CEO at hedge fund MF Global before it went bankrupt in 2011 ...
    04/19/2015 - 2:25 pm | View Link
  • Ex-governor Corzine discussing plans to start hedge fund, report says
    The same year, he took over as CEO of MF Global, and held the position until the firm declared bankruptcy in 2011. Both he and the company are currently facing civil charges brought by the Commodity Futures Trading Commission, accusing them of improper use ...
    04/19/2015 - 2:03 pm | View Link
  • A New Fund May Be Corzine’s ComebackJon S Corzine, the embattled former MF Global Holdings Ltd
    online.wsj.com berichtet dazu: China’s central bank is considering new ways to free up credit as growth in the world’s second-largest economy slows . China Bank Checks Europe Playbook. weiterlesen ... postbulletin.com schreibt dazu weiter: NEW YORK (AP ...
    04/19/2015 - 1:53 pm | View Link
  • More
BING SEARCH:
  • MF Global
    MF Global (OTC Pink: MFGLQ), formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm. MF Global ...
    04/20/2015 - 12:28 pm | View Website
  • WSJ: Former MF Global CEO Corzine Considers Launching ...
    Jon Corzine, the former chief executive of bankrupt financial services firm MF Global, is considering starting his own hedge fund, the Wall Street Journal ...
    04/20/2015 - 5:04 am | View Website
  • Mf Global
    On a slow midsummer news day two years ago an industry friend had called me up and asked if I heard the news about Russ Wasendorf Sr., head of Peregri...
    04/20/2015 - 2:48 am | 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.
    04/19/2015 - 8:50 pm | View Website
  • Former MF Global CEO Corzine considers launching hedge ...
    NEW YORK, April 19 (Reuters) - Jon Corzine, the former chiefexecutive of bankrupt financial services firm MF Global, isconsidering starting his own hedge ...
    04/19/2015 - 8:36 pm | 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