Refco files for $575m IPO

Refco, the world's largest privately-held futures broker, has filed an IPO prospectus with the Securities and Exchange Commission.

The number of shares to be offered and the price range for the offering have not yet been disclosed, but the deal could raise $575m (€442m), Bloomberg reported.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions