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:
  • Airbus Defence And Space Introduces Expanded Terralink, The Next ... - CRM Xchange
    China Has A New High Def Imaging Satellite In Orbit - Forbes.com
    08/21/2014 - 2:50 pm | View Link
  • Judge Lets Ex-MF Global Executives Tap Insurance - Wall Street Journal
    Judge Lets Ex-MF Global Executives Tap Insurance - Atlanta Journal And Constitution
    08/21/2014 - 2:22 pm | View Link
  • Lehman Brothers: Settling the saga - Professional Pensions
    ... is one of just three settlements where financial support directives (FSDs) have been issued, the others being MF Global and Great Lakes.
    08/21/2014 - 1:14 pm | View Link
  • Dismantling the myth of Canada's economic recovery - Canadian Content
    Ever since the global meltdown of 2008, it's been an article of faith ... MF is the president of the self-haters club. Rabble.ca is a communist ...
    08/21/2014 - 8:28 am | View Link
  • Sunlight Exposure and Cardiovascular Risk Factors - Medscape
    Hospital joins End Stroke campaign - Tampa Bay Newspapers
    08/20/2014 - 3:44 pm | View Link
  • More
BING NEWS:
  • Judge Lets Corzine, Others Tap MF Global Insurance
    (c) 2014 Dow Jones & Company, Inc. A bankruptcy judge said Thursday that Jon S. Corzine and other former MF Global Holdings Ltd. executives and employees could tap more insurance money to pay for defense costs but called the decision a "stopgap", as he ...
    08/21/2014 - 1:46 pm | View Link
  • Judge Lets Corzine, Other Ex-MF Global Executives Tap Insurance
    A bankruptcy judge said Thursday that Jon S. Corzine and other former MF Global Holdings Ltd. executives and employees could tap more insurance money to pay for defense costs but called the decision a "stopgap", as he decides whether they must continue ...
    08/21/2014 - 1:32 pm | View Link
  • MF Global Brass Scores $15M 'Stopgap' In D&O Battle
    Law360, New York (August 21, 2014, 4:50 PM ET) -- A New York bankruptcy judge on Thursday upped by $15 million the amount of directors and officers insurance that former top MF Global Holdings Ltd. executives can tap, a stopgap measure pending a decision ...
    08/21/2014 - 9:50 am | View Link
  • Global Membranes (MF, RO, UF, Gas Separation, Dialysis, NF) Market
    DUBLIN, Aug. 19, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Membranes Market by Type of Material, by Technology, by Application & by Region- Global Trends & Forecasts to 2019" report to their offering. The demand for ...
    08/19/2014 - 4:43 am | View Link
  • The Daily Docket: MF Global Urges Judge Not to Toss PwC Suit
    MF Global Holdings Ltd. is urging a judge not to toss its $1 billion lawsuit against PricewaterhouseCoopers LLP for the alleged bad accounting advice that MF Global says led to its 2011 collapse. The Wall Street Journal has the Daily Bankruptcy Review ...
    08/12/2014 - 6:29 pm | View Link
  • More
BING SEARCH:
  • Six Billion Dollar Bet | FRONTLINE | PBS
    MF Global Fund Transfer Evaded Regulators, Trustee Says June 6, 2012, 3:28 pm ET · by Jason M. Breslow. When regulators began to grow nervous last summer about MF ...
    08/15/2014 - 4:03 pm | 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.
    08/14/2014 - 7:32 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
    08/14/2014 - 3:00 pm | 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 ...
    08/14/2014 - 8:05 am | View Link
  • 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 ...
    08/14/2014 - 7:58 am | 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