MF Global Expands Fixed Income and Institutional Sales Teams

NEW YORK--(Business Wire)--
MF Global Ltd. (NYSE: MF), a leading intermediary offering customized solutions
in global cash, derivatives and related markets, has expanded its Fixed Income
business and introduced a new Institutional Sales group, adding top talent to
its already proven team.

"Growing our fixed income business will create growth and revenue opportunities
for MF Global by broadening the depth of our relationships with current clients,
as well as expanding the universe of clients we attract," said Bernard W. Dan,
CEO, MF Global. "As we pursue primary dealer status and debt issuance increases
around the world, we have been aggressively expanding our Fixed Income group
allowing us to offer our expertise in an even broader range of fixed income
markets and regions."

"As a global firm with operations in 14 countries and memberships on more than
70 exchanges and virtually every major clearing corporation, we`re uniquely
positioned to leverage our robust infrastructure to solidify MF Global`s
position as a leader in the fixed income space," said Peter McCarthy, global
head of Fixed Income at MF Global. "These fundamental strengths, combined with
our predominantly agency-only business model and commitment to putting our
clients` interests first, have played an integral part in allowing us to build
such a strong team and attract some of the industry`s top talent."

MF Global has recently added more than 20 professionals to its Fixed Income
group in New York and London. Some of the new members of MF Global`s Fixed
Income team in New York include the following:

* MacDonald ("Mac") Budd has joined MF Global as head of Cash Trading. He
previously served as managing director of U.S. Treasury Securities at UBS AG.
Mark Gannon and Michael Marsallo also have joined the Cash Trading team from UBS
AG. Additionally, Rich Bryant has joined the team as a long bond trader from
Citigroup Global Markets Inc.
* Brett Benza has joined MF Global as head of Interest Rate Sales. He previously
served as managing director of Hedge Fund Sales at UBS AG. Heather Tarrant and
Jim Levenson also have joined the Interest Rate Sales team from UBS AG.
* Michael Wieczorek has joined as the head of Finance and Short-term Trading.
Prior to joining MF Global, Mr. Wieczorek was a managing director at Nomura
Securities, Inc., where he headed the U.S. Dollar Funding, Repo Trading and
Short-dated Interest Rates businesses. Matthew Troy also has joined the Finance
and Trading team to oversee the Securities Lending business. Previously, Mr.
Troy was the director of Global Debt Finance and Securities Lending at Merrill
Lynch & Co Inc.
* James McHugh has joined as the head of Credit Trading and Sales. He joins MF
Global from RBC Capital Markets Corporation, where he served as managing
director and head of U.S. Investment Grade Credit Sales. Paul Gallagher also has
joined the Credit team from RBC Capital Markets Corporation. Additionally, Scott
Princer and Joe Scellato have joined the Credit team from Jeffries & Co. Inc.
* Fran LaMantia has joined the Fixed Income team to run the Emerging Markets
business. Previously, he served as managing director at Cambridge International
Securities Inc., where he developed and implemented the Emerging Market Fixed
Income and Trade Finance groups. Bartholomew Pan-Kita also has joined the
Emerging Markets team from Deutsche Bank AG, where he was a senior member of the
Global Structuring and Portfolio Trading team.
* Kristi DeBriyn has joined the ABS/MBS Sales and Trading team from Merrill
Lynch & Co. Inc. Frank Bruzese also has joined the ABS/MBS Sales and Trading
team from Banc of America Securities.

Additionally, MF Global has added key talent to its Fixed Income team in London,
including the following:

* MF Global has extended the Government Trading & Sales team with the addition
of Andrew Sacre, who has joined as a short-end and money market products trader.
Prior to joining MF Global, Mr. Sacre was the head of front-office Treasury
trading at Dresdner Bank AG, where he ran the money markets, repo and
off-balance sheet products. Andreas Gianopolis has joined as the head of U.S.
Treasury Trading from Nomura International, where he was manager of the U.S.
Treasuries desk. Additionally, Chris Sayers has joined as head of European
Government Bond Trading from Atom Capitol Ltd.
* David Mudie has joined MF Global as the European head of Fixed Income Prime
Brokerage. He is responsible for developing and building the firm`s fixed income
prime brokerage business in Europe. Mr. Mudie was previously a senior vice
president of the Prime Brokerage Division at Newedge USA LLC.
* MF Global has also extended the Securities Finance team with the addition of
Jane Robins who has joined as head of Repo Sales. She previously served as head
of Repo Marketing EMEA at UBS AG. Additionally, Victoria Foster has joined the
team to manage the European stock loan matched book and the client equity
financing business. Ms. Foster joins MF Global from Morgan Stanley & Co.
International PLC.
* James-Scott Wong and Christiane Schuster have joined the Fixed Income team in
London to head the High Yield and Distressed Loans desk. Mr. Wong joins MF
Global from Calyon London, where he built the Crossover & High Yield trading
platform. Ms. Schuster previously served as managing director and head of
European Loan Sales at Lehman Brothers International Europe, where she was
responsible for establishing the Loan Sales team.

New Institutional Sales Team

MF Global also has built a new Institutional Sales team. Primarily based in
Chicago and New York, the team is dedicated to increasing the share of existing
clients` business and building the firm`s institutional investor client base.
The Institutional Sales Group includes:

* Eric Eiers, Darrell McConnell, Mark Psaltis and Kyle Unterseher have joined MF
Global as senior vice presidents from UBS Securities LLC, where they were top
producers within the exchange-traded derivatives business unit.

ABOUT MF GLOBAL

MF Global Ltd. (NYSE: MF), is a leading intermediary offering customized
solutions in global cash, derivatives and related markets. It provides execution
and clearing services for exchange-traded and over-the-counter derivative
products as well as for non-derivative foreign exchange products and securities
in the cash market. MF Global is uniquely diversified across products, trading
markets, customers and regions. Its worldwide client base includes financial
institutions, industrial groups, hedge funds and other asset managers as well as
professional traders and private/retail clients. MF Global operates in 14
countries on more than 70 exchanges, providing access to some of the largest
financial markets in the world and is the leader by volume on many of these
markets. For more information, please visit www.mfglobal.com.

MF Global Ltd.
Media
Tiffany Galvin, 212-589-6280
tgalvin@mfglobal.com
or
Investors
Lisa Kampf, 212-589-6592
lkampf@mfglobal.com

Copyright Business Wire 2009