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 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
BING NEWS:
  • Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge
    The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday as world stocks tumbled for the fourth day, on course for their worst week since November following a third day of escalating verbal exchanges between Trump ...
    08/11/2017 - 12:43 am | View Link
  • The Global Economy Remains Insufficiently Vibrant
    There is a certain beauty to securitization that will never be appreciated again for what happened. It is an expression of genius, masterful innovation equally as powerful for shaping our world as the jet engine or the transistor. In many ways, this bit of ...
    08/10/2017 - 10:58 pm | View Link
  • Is the World Slouching Toward a Grave Systemic Crisis?
    My answer comes in three parts. The first is about how to express our core values. American leaders tend to describe their global aims as the promotion of the right values. Notice that these are values in how other countries are governed. President Obama ...
    08/10/2017 - 9:50 pm | View Link
  • Rogoff warns about personal and corporate debt as main threats to global economy
    A sudden rise in interest rates poses the greatest threat to the global economy, the IMF's former chief economist has told the BBC. Ken Rogoff, who famously predicted a big bank would collapse during the financial crisis, warned that people had got used to ...
    08/10/2017 - 9:35 am | View Link
  • How the world's financial markets were rewired after the global financial crisis
    It is a decade since the first tremors of what would become the Great Financial Crisis began to convulse global markets. Across the world from China and South Korea, to Ukraine, Greece, Brexit Britain and Donald Trump's America it has shaken our economy ...
    08/10/2017 - 2:34 am | View Link
  • More
BING SEARCH:
  • Six Billion Dollar Bet | FRONTLINE | PBS
    FRONTLINE investigates MF Global's massive bet on European debt that went sour, leaving more than a billion dollars of customer funds missing.
    08/8/2017 - 6:49 am | View Website
  • MF
    This disambiguation page lists articles associated with the title MF. If an internal link led you here, you may wish to change the link to point directly to the ...
    08/8/2017 - 4:19 am | View Website
  • Massey Ferguson
    Massey Ferguson® is a worldwide brand of AGCO.
    08/7/2017 - 10:11 am | View Website
  • MF-MSMF Series
    DIMENSIONS: MM (INCHES) MF-MSMF Series - PTC Resettable Fuses A B C Top and Bottom View Side View D Top View Style 2 Style 1 Bottom View Side View Recommended Pad Layout
    08/7/2017 - 8:45 am | View Website
  • Federal Court in New York Orders Jon S. Corzine to Pay $5 ...
    January 5, 2017. Federal Court in New York Orders Jon S. Corzine to Pay $5 Million Penalty for his Role in MF Global’s Unlawful Use of Nearly $1 Billion of Customer ...
    08/7/2017 - 4:41 am | 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