MF Cuts Staff, Compensation 11%

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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MF Cuts Staff, Compensation 11%

MF Global reduced its staff and compensation pool by 11% in the past year as part of ceo Jon Corzine’s plan to transform the firm from a brokerage to a global investment banking specializing in commodities and capital markets.

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