Sentence examples for global holding from inspiring English sources

MF Global, holding more than $6 billion in sovereign debt of European countries, filed for bankruptcy protection.

Congress has spent nearly five months examining the Oct. 31 bankruptcy of MF Global, holding four previous hearings on the collapse of the firm and the $1.6 billion shortfall in customer money.

French prosecutors have expanded their investigations into the activities of HSBC's Swiss subsidiary to include its global holding company, the bank has disclosed.

In 2003 Mr Law founded Boymeetsgirl in an alliance of global holding group Interpublic and Springer & Jacoby, a prominent German agency that was keen to expand in the London market.

Scale was once the biggest selling-point of the global holding groups – providing the muscle to get big savings when buying ad slots or rolling out an international ad campaign – but now it is increasingly being seen as a costly, cumbersome achilles heel.

In addition, he is fighting to re-engineer the sprawling group as the digital advertising power of Google and Facebook grows, and advertisers increasingly question the benefits of giving their marketing spend over to traditional global holding companies such as WPP and Omnicom.

Nor was this petty cash: of the $6.9 billion in customer assets that MF Global held, a stunning $1.6 billion is missing.

While those partners owned the underlying assets -- in this case, government debt -- MF Global held the risk relating to both market price and default.

The transfer came after a relatively routine overdraw of an account MF Global held at the bank, the person close to the matter said.

At the time, MF Global held about $6 billion in the debt of Belgium, Ireland, Italy, Spain and Portugal, representing about 14 percent of its assets and nearly five times the equity of the firm.

MF Global held a fire sale that week, reducing its assets to $23 billion from $55 billion, according to a person with knowledge of the matter.