Though CIT Group is approaching the $50B in assets level at which would be triggered higher regulatory scrutiny, CEO John Thain - speaking at the company's investor day - says he's open to doing a sizable acquisition. Webcast and slides Among
strolled together through a crowded reception, the crowd literally parted. But in 2008, I had also witnessed Merrill Lynch CEO John Thain warn of dark days ahead, and in 2009, I heard angry recriminations in the wake of the financial crisis and the failures
like a quick appointment will be important because of the needed "cliff" negotiations. Dick, I'm sure you'll be delighted to learn that your friend John Thain is on the Republican short list. But would he be a good negotiator? DrH
(Reuters) - CIT Group Inc , the business lender led by former Merrill Lynch Chief Executive John Thain , said fourth-quarter net income fell 59 percent, but a decline in problem loans and borrowing...
(Reuters) - CIT Group Inc will begin taking bank deposits over the Internet within the "next month or two," Chief Executive John Thain said on Wednesday.
NEW YORK (Reuters) - CIT Group Chief Executive John Thain made his first-ever market purchases of the company's battered stock on Tuesday, spending $1.19 million and boosting his personal holdings...
NEW YORK (Reuters) - CIT Group Inc , the business lender run by former Merrill Lynch Chief Executive John Thain , said first-quarter profit fell 55 percent, hurt by charges linked to buying back debt.
John Thain , former CEO of Merrill Lynch, has agreed to resign from Bank of America BAC less than a month after the controversial deal closed
the 19% that Standard & Poor's announced it now expects on 2006 vintage subprime mortgage related securities. New CEO John Thain emphasized the strength of the firm, notably its retail brokerage force, which we have always believed is its most powerful