Friday 25 July 2014
 
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MF Global Holdings

Seven banks sued over MF Global collapse

Seven banks that helped MF Global Holdings sell bonds were sued by pension funds who said the bonds' offering prospectuses concealed problems that led to the futures brokerage's collapse. The lawsuit was filed Friday afternoon in M

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MF Global files for bankruptcy

MF Global Holdings Limited, the futures broker run by former Goldman Sachs chief Jon Corzine, has filed for Chapter 11 bankruptcy after a tentative deal with a buyer fell apart. The firm's meltdown in less than a week is a stunning set

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