Thursday, May 10, 2012

Mf global

  • 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)

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