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:
  • Craniomaxillofacial Devices Market size worth USD 1.9 Billion by ... - Yahoo! Finance
    Craniomaxillofacial Devices Market size worth USD 1.9 Billion by ... - Yahoo! Singapore
    06/27/2016 - 11:13 am | View Link
  • Second ADM Broker Questioned in $22 Million Russian Gang Probe - Bloomberg
    ... he was a broker at now-defunct MF Global Holdings Ltd. for 12 years, according to his LinkedIn profile. Osborne also worked at MF Global with...
    06/27/2016 - 10:55 am | View Link
  • Ferring Pharmaceuticals announces approval of new tailored dosing ... - Yahoo! Finance
    Ferring Pharmaceuticals announces approval of new tailored dosing ... - Bloomberg
    06/27/2016 - 9:47 am | View Link
  • Sensex tanks 201 pts on BoJ status quo, Fed concerns - Press Trust of India
    ... taking a hit of 201 points to 26,525.46, tracking a global sell-off as ... said Shreyash Devalkar Fund Manager Equities BNP Paribas MF. The Fed
    06/16/2016 - 8:17 am | View Link
  • Claude Ehlinger joins Wendel - International Business Times
    /PRNewswire/ -- Wendel SE (MF.PA), a global listed investment firm, today announced that Claude Ehlinger will join Wendel October 1st as CEO of ...
    06/15/2016 - 11:26 am | View Link
  • More
BING NEWS:
  • Time to be cautious but not to panic: Kotak MF's Nilesh Shah
    A continuing risk-off in global financial markets is likely to impact India as well in the near term as passive funds pull out from equities without discrimination, says Nilesh Shah, MD of Kotak Mahindra Asset Management Company.
    06/27/2016 - 5:16 am | View Link
  • Take advantage of Brexit shock in market, don't get scared and run away: Navneet Nunot, SBI MF
    We can't be completely insulated from what's happening in the rest of the world. Global economy continues to face challenges and Brexit has added another dimension of risk. The rupee is likely to remain under pressure as the us dollar gains on safe-haven ...
    06/26/2016 - 7:41 pm | View Link
  • MF investors stay calm on Manic Friday
    India's mutual fund (MF) segment industry saw a substantial rise in transactions from retail (small) investors on Friday, even as the Brexit sent shock across the global financial markets. Despite a strong knee-jerk reaction, which saw the Sensex plummet ...
    06/24/2016 - 5:42 am | View Link
  • Global MF/UF Membrane Market 2016 Industry Share, Review, Sales, Trends, Growth & Analysis 2025
    The Global MF/UF Membrane Industry 2016 Market Research Report is a professional and in-depth study on the current state of the MF/UF Membrane industry. The analysis is provided for the MF/UF Membrane international market including development history, MF ...
    06/14/2016 - 7:57 am | View Link
  • MF Global customers recover $8.1B from brokerage's failure
    File photo taken in 2011 shows an MF Global sign in the New York City Manhattan office building where the brokerage had offices before its bankruptcy collapse. (Photo: Mario Tama, Getty Images) Former securities and commodities customers of MF Global have ...
    02/9/2016 - 4:23 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.
    06/25/2016 - 3:12 am | View Website
  • Malaysia Fund Inc.: NYSE:MAY quotes & news
    Get detailed financial information on Malaysia Fund Inc. (NYSE:MAY) including real-time stock quotes, historical charts & financial news, all for free!
    06/25/2016 - 1:04 am | View Website
  • 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 ...
    06/25/2016 - 12:14 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.
    06/23/2016 - 9:16 pm | 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.
    06/23/2016 - 6:14 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