Business & Finance
Business and Finance
Business and Finance
Wed, December 1, 2010 
NEW YORK--([ BUSINESS WIRE ])--MF Global Holdings Ltd. (NYSE: MF), a leading commodities broker-dealer offering trading and hedging solutions across a broad set of asset classes, today announced that Jon Bass has joined the firm as global head of institutional sales.
"Enhancing our institutional sales service and expanding our institutional offering are key elements of our global strategy"
In this newly created role, Mr. Bass will work with the firma™s various product lines, including Commodities, Equities, Fixed Income and Foreign Exchange, to expand MF Globala™s relationships with top institutional clientele, such as asset managers, hedge funds, corporations, broker-dealers and financial institutions. He will focus on ensuring MF Global provides the highest quality of service and sales support to its existing and prospective institutional clients.
aEnhancing our institutional sales service and expanding our institutional offering are key elements of our global strategy,a said Jon S. Corzine, chairman and chief executive officer, MF Global. aJona™s hire reflects our strategic commitment to better segment our distribution activities, sharpen our client focus, and deliver our portfolio of products to institutional clients globally. We believe adding Jona™s wealth of experience in markets and sales leadership will further grow our top line and enhance the value proposition we bring to clients.a
Mr. Bass has more than two decades of sales experience in financial services. Most recently, he was the global head of fixed income at BTIG, where he established the firma™s first global fixed income platform. Prior to that, Jon was head of all U.S. fixed income distribution for UBS, responsible for a sales force of more than 150 people, and also served as a member of the UBS Investment Bank Board. In addition to Jon's nine years at UBS, he spent close to 14 years in fixed income sales as a managing director at Salomon Brothers/Citigroup.
aThis is the perfect time to join MF Global,a Mr. Bass said. aThe firma™s extensive global presence and broad product offering create tremendous opportunities to deliver market access, research and liquidity to clients around the world. I am looking forward to building a strong and consistent platform for offering world class service globally and enhancing our clientsa™ experience with MF Global.a
About MF Global
MF Global Holdings Ltd. (NYSE: MF), a broker-dealer in derivatives and cash markets, provides market participants with trading and hedging solutions. Building on a history that extends more than 225 years, MF Global is a leader in providing institutional and retail clients with access to the worlda™s commodities and financial futures markets as well as to fixed income, equities and foreign exchange markets. The firm offers its global client base actionable market insight and expertise as well as access to deep liquidity. MF Global provides access to more than 70 exchanges and is a leader by volume on many of the largest derivatives exchanges around the world. For more information, please visit [ http://www.mfglobal.com ].
