MF Cuts Staff, Compensation 11%

04 Feb 2011

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.

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. Despite the cuts, remaining staffers saw compensation rise on ...

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