"Mr. Corzine was recruited to revitalize a troubled company, and during his entire tenure as CEO he worked tirelessly with the board, firm management and world-class consultants to improve MF Global's operations and performance, " Goldberg said.

WSJ: MF Global's trustee sues former CEO Corzine

After a short stint in management consulting, Jeff served as CEO and Chairman of The Advisory Board Company and Chairman of the Corporate Executive Board.

WHITEHOUSE: Move Over R2, CPO is Here

The bank said that its activities and client operations aren't affected, and that it is operating under the interim management of the first deputy CEO of the management board, Igor Antonov.

WSJ: Police Launch Probe at SocGen's Russia Unit