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:
  • Cuba-U.S. talks "highly productive" - Reuters UK
    Hello Kitty lands on Hong Kong dumplings - Reuters
    05/22/2015 - 3:51 pm | View Link
  • Clean Bandit and Ed Sheeran win big at Ivor Novello Awards - Reuters UK
    A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomson Reuters...
    05/22/2015 - 2:42 pm | View Link
  • Euro zone economy still out of tune? - Reuters UK
    Euro zone economy still out of tune? - Reuters India
    05/22/2015 - 11:16 am | View Link
  • Argentine court weighs whether orangutan deemed 'non-human person' ... - Reuters UK
    Argentine court weighs whether an orangutan deemed a 'non-human ... - Reuters India
    05/22/2015 - 8:47 am | View Link
  • Sydney's annual Vivid festival lights up the harbor city - Reuters UK
    A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomson Reuters...
    05/22/2015 - 4:27 am | View Link
  • More
BING NEWS:
  • PwC Escapes MF Global Investors' Suit In 2nd Circ.
    Law360, New York (May 22, 2015, 1:09 PM ET) -- The Second Circuit said Friday it would not resurrect a class action accusing PricewaterhouseCoopers LLP of failing to properly audit MF Global Inc. before the brokerage firm spiraled into bankruptcy in 2011.
    05/22/2015 - 6:10 am | View Link
  • Overview of Vanguard Global Equity Investor Fund (VHGEX)
    Vanguard Global Equity Investor (VHGEX - MF report) a Zacks Ranked #2 (Buy) seeks maximum long-term growth of capital. VHGEX invests in stocks from the United States and other countries, selecting securities that appear undervalued based on analyses of ...
    05/22/2015 - 1:51 am | View Link
  • Birla Sun Life MF announces change in exit load
    Birla Sun Life Commodity Equities Fund - Global Agri Plan, Birla Sun Life India Reforms Fund, Birla Sun Life Active Debt Multi Manager FoF Scheme, Birla Sun Life Financial Planning FoF - Aggressive Plan & Prudent Plan and Birla Sun Life Gold Fund ...
    05/20/2015 - 6:26 pm | View Link
  • MF Global Investor Lawsuit Against Brokers Makes Progress
    Investors in bankrupt MF Global Holdings are hoping for final approval of a $74 million settlement relating to their lawsuit against a number of financial institutions. In a filing made on Friday in Manhattan, attorneys for the plaintiffs asked a judge to ...
    05/19/2015 - 6:38 am | View Link
  • MF Global Investors Want Settlement Approval
    MF Global Holdings Ltd. investors are seeking final approval of a $74 million settlement stemming from their lawsuit against several financial institutions. The Wall Street Journal has the Daily Bankruptcy Review article here. (Daily Bankruptcy Review is a ...
    05/19/2015 - 3:22 am | View Link
  • More
BING SEARCH:
  • 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 ...
    05/18/2015 - 4:34 pm | View Link
  • MF GLOBAL HOLDINGS LTD., et al. Chapter 11 Website
    MF Global Holdings, Ltd. Chapter 11 Website ... Court Docket. United States Bankruptcy Court Southern District of New York
    05/18/2015 - 3:51 pm | View Link
  • MF Global UK special administration | KPMG | UK
    The latest updates from the special administrators of MF Global UK Limited
    05/18/2015 - 6:40 am | View Link
  • MF Global
    MF Global (OTC Pink), formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm. MF Global provided exchange ...
    05/18/2015 - 2:29 am | View Link
  • 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.
    05/17/2015 - 10:54 pm | View Link
  • 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