Current Report

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report: May 20, 2010

(Date of earliest event reported)

 

 

MF Global Holdings Ltd.

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

 

001-33590   98-0551260
(Commission File Number)   (IRS Employer Identification No.)

 

717 Fifth Avenue

New York, New York

   10022
(Address of Principal Executive Offices)   (Zip Code)

(212) 589-6200

(Registrant’s Telephone Number, Including Area Code)

Not applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 2.02. Results of Operations and Financial Condition.

On May 20, 2010, MF Global Holdings Ltd. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended March 31, 2010, and the fiscal year ended March 31, 2010. A copy of the press release is attached as Exhibit 99.1 hereto and is hereby incorporated by reference into this Item 2.02.

 

Item 8.01 Other Events.

As described in the Company’s press release attached to this Current Report on Form 8-K, in April 2010, the Company commenced a strategic assessment of its cost base and, in connection with such assessment, the Company intends to reduce its workforce by 10 to 15 percent in an effort to reduce operating costs. The Company is developing a plan to implement these reductions, which it expects to complete by the end of the Company’s first quarter of fiscal 2011, and the Company expects to incur certain restructuring charges but it is unable at this time to estimate the amount of those charges.

 

Item 9.01. Financial Statements and Exhibits

(a) None.

(b) None.

(c) None.

(d) Exhibit 99.1: Press Release, dated May 20, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MF GLOBAL HOLDINGS LTD.
Date: May 20, 2010   By:  

/s/    J. RANDY MACDONALD        

   

J. Randy MacDonald

Chief Financial Officer