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SINGAPORE May 28 (Reuters) - The 6,000 customers of MF Global Holdings Ltd's Singapore arm should get well over 90 percent of their money back from the collapsed brokerage, although its creditors may have a tougher time recovering all they are due.
May 28, 2012 at 11:14 | Source: Reuters
SINGAPORE: KPMG, the liquidators of failed brokerage MF Global Singapore, has met with creditors on Monday to provide an update of the company's affairs. KPMG said creditors may be able to get up to 91 per cent of their money back while ...
May 28, 2012 at 12:11 | Source: Channel NewsAsia
The top Republican on the Senate Banking Committee has prepared a subpoena for the chairman of the Commodity  Futures Trading Commission over his regulation of MF Global, which went bankrupt last fall because of risky bets on European debt, a ...
May 22, 2012 at 22:12 | Source: FOXBusiness
MF Global Holdings Ltd. (MFGLQ) still can’t trace where some of the money went when its brokerage collapsed, including $1 billion that “vanished” into the brokerage unit MF Global Inc., an attorney told a bankruptcy court. Brett Miller, a ...
May 19, 2012 at 09:23 | Source: Bloomberg
Last December, I excoriated the credit ratings agencies for failing to understand the nature of the risks that ultimately led to the failure of MF Global (OTC: MFGLQ). However, after further research, I am beginning to wonder if MF Global misled ...
May 25, 2012 at 23:49 | Source: Motley Fool
Indian market is acting stubborn unwilling to chase away the bears for a long time now. However, Vineet Bhatnagar, MD of MF Global feels that autos, metals and banks may lead in to a recovery. Though there are concerns, he is expecting the May ...
May 25, 2012 at 05:19 | Source: MoneyControl.com
WASHINGTON — MF Global Holdings argued in a December 2010 letter to regulators that futures brokers didn't need tighter restrictions on how they invest client funds. Ten months later, as MF Global filed for bankruptcy, about $1.6 billion in customer ...
May 23, 2012 at 19:26 | Source: nola.com
The trustee overseeing the return of customer money after the collapse of MF Global has received more than $168 million from JPMorgan Chase, the first bank payment since the commodities brokerage firm filed for bankruptcy in October. The money ...
May 19, 2012 at 07:50 | Source: New York Times
JPMorgan Chase has returned $168m in cash to the trustee for MF Global, the failed broker-dealer previously run by former New Jersey governor Jon Corzine. The funds are part of the extra securities, or collateral, MF Global posted to its counterparties in ...
May 18, 2012 at 21:55 | Source: Financial Times
Tim Johnson and Jon Corzine both share common ties to the University. Both were Phi Beta Kappa graduates from the University class of ‘69. However, they did not know each other during their college years. Corzine went on to become the CEO of Goldman ...
May 21, 2012 at 04:34 | Source: Daily Illini