MF Global Holdings Ltd is racing to sell all or part of its business this weekend, with its futures brokerage business seen as the most attractive, a source familiar with the situation said on Friday.MF Global has reached out to major banks including Barclays PLC , Citigroup Inc , Deutsche Bank , Jefferies Group Inc , JPMorgan Chase & Co , Macquarie Group Ltd , State Street Corp and Wells Fargo , according to the source."If it gets done, it needs to get done by Monday," the source said."Whether it gets sold in parts or pieces, they are in good shape to orchestrate this process," the source added.
Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management. Shares of BCS fell by 3.95% or $-0.54/share to $13.12. In the past year, the shares have traded as low as $8.38 and as high as $21.69. On average, 6614720 shares of BCS exchange hands on a given day and today's volume is recorded at 7948324.
Citigroup Inc. (Citigroup) is a global diversified financial services holding company. Shares of C traded higher by 1.15% or $0.39/share to $34.16. In the past year, the shares have traded as low as $23.05 and as high as $51.50. On average, 58487900 shares of C exchange hands on a given day and today's volume is recorded at 51417120.
Jefferies Group, Inc. and its subsidiaries operate as securities and investment banking firm. Shares of JEF fell by 1.67% or $-0.25/share to $14.72. In the past year, the shares have traded as low as $11.00 and as high as $27.12. On average, 2507530 shares of JEF exchange hands on a given day and today's volume is recorded at 3255208.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM traded higher by 0.05% or $0.02/share to $36.69. In the past year, the shares have traded as low as $27.85 and as high as $48.36. On average, 50185000 shares of JPM exchange hands on a given day and today's volume is recorded at 39891340.
MF Global Holdings Ltd. (MF Global) is a holding company. Shares of MF fell by 16.08% or $-0.23/share to $1.20. In the past year, the shares have traded as low as $1.07 and as high as $9.28. On average, 6998150 shares of MF exchange hands on a given day and today's volume is recorded at 84403448.
State Street Corporation is a financial holding company. Shares of STT traded higher by 1.97% or $0.81/share to $42.01. In the past year, the shares have traded as low as $29.86 and as high as $50.26. On average, 6255560 shares of STT exchange hands on a given day and today's volume is recorded at 4877272.
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