- A group of former employees at MF Global Holdings Ltd. (MFGLQ)'s Singapore unit claim in a lawsuit that they're not being informed about how they'll be paid money they are owed. The unit of the bankrupt company, once run by Jon S. (Bloomberg)
- (Reuters) - A U.S. congressman is pressing for the appointment of an independent counsel to take over a federal criminal probe into the collapse of the MF Global Holdings Ltd (MFGLQ.PK) brokerage firm. (Yahoo Finance)
- (Reuters) - A federal judge on Tuesday authorized the trustee liquidating MF Global Holdings Incs (MFGLQ.PK) brokerage unit to distribute as much as $685 million to customers whose accounts had been frozen when the futures brokerage went bankrupt. (Yahoo Finance)
- LONDON (Reuters) - MF Globals European administrator KPMG is teaming up with PricewaterhouseCoopers, Lehman Brotherss administrator, to try to speed up the return of assets and cash to former clients of both failed brokers. (The Guardian)
- The trustee tasked with returning more than $1. (New York Times)
- CREDITORS of MF Global Australia, furious at the administrators slow progress, plan to cut their losses and sell their claims to debt traders headed by UBS. (The Australian)
- His comments came after the company, which bought Ambrian Commodities and MF Global Holdings metal brokerage team last year, reported on Wednesday evening a 6 percent rise year-on-year in revenue in its March quarter to $116 million. (CEO - Reuters)
- Grattan MacGiffin, a former head of voluntary and new carbon at MF Global Holdings Ltd., has joined ClimateCare, an emissions offsetter in Oxford, England. (Bloomberg)
Thursday, May 10, 2012
Mf global
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