Refco Inc. began shutting down its main business on Friday, as fraud charges against the former chief executive threatened to topple the largest U.S. independent commodities brokerage. New York-based ...

NEW YORK – Refco Inc. (RFX) filed for bankruptcy and agreed to sell its core futures brokerage unit to an investor group for $768 million, a key step to help rescue the embattled commodities and ...

Troubled commodities broker Refco Inc. has filed for Chapter 11 bankruptcy protection and said it has reached a preliminary deal to sell its core futures brokerage business to a group of private ...

The former chief executive of Refco Inc., one of the world’s biggest commodities brokerages, was charged with securities fraud Wednesday. Phillip R. Bennett was charged in a criminal complaint ...

Bankrupt and disgraced trading giant Refco has barred thousands of individual investors from taking cash out of their accounts – leaving many not only frustrated but financially ruined. The 17,000 ...

In October 1997, the word went out on the cavernous floor of the Chicago Mercantile Exchange: Refco Inc. was in trouble. Through the futures pits, where sweating young traders bark orders to buy and ...

James Baer is a 36-year veteran of the financial services industry, but the situation at Refco Inc. has him baffled. Baer, 62, managing director of Uhlmann Price Securities LLC in Chicago, was the ...

Refco was among the wildest players in the rough-and-tumble commodity game when it hired a frontman whose prep-school pedigree, tailored suits and cool detachment set him apart from the blustery ...

Phillip R. Bennett, an Englishman with a Cambridge pedigree, and Santo Maggio, a “down-and-dirty” New Yorker with a city college education, forged an unlikely alliance to become key players in a fraud ...

Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. Futures industry officials on Friday held talks with Goldman Sachs and other financial institutions about ...