MF Global Holdings Ltd. relied on its auditor PricewaterhouseCoopers LLP’s judgment that the firm’s bets on European debt should be taken off its balance sheet, MF Global’s former chief executive Jon Corzine said Thursday—a move that the firm now says contributed to its collapse. Testifying for MF Global’s bankruptcy administrator in its $3 billion malpractice lawsuit against PwC, Mr. Corzine said he and others at MF Global had “a...

Source: Wall Street Journal March 09, 2017 20:26 UTC