CAPITAL MARKETS

Weekend talks fail to resolve Refco's problems

WEEKEND meetings of management, staff and creditors of the deeply-troubled commodities broker Refco have failed, so far, to find a solution which will salvage the business.

Tim Treadgold
Weekend talks fail to resolve Refco's problems

Refco was a major trader in most major commodities, including metals. Its closure, and possible filing for bankruptcy, could have a significant effect on metals markets. Up to 50 advisers met in New...

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