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John Thain

Another loss for JPMorgan

FBN’s Charlie Gasparino on JPMorgan’s Michael Cavanagh leaving for the Carlyle Group.

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  1. Where Are They Now? Revisiting Key Players From '08 Crisis

    Lloyd Blankfein almost all of his peers, Blankfein hasn’t had to binge on new busi...

  2. J.C. Penney Rebukes Report on Credit Clampdown

    J.C. Penney Co Inc said on Thursday that commercial lender CIT Group Inc continued to support deliveries from suppliers, and claimed reports to the contrary were unt...

  3. Fed Terminates Enforcement Deal With CIT Group

    The Federal Reserve announced on Thursday it had ended an enforcement agreement with CIT Group Inc. The enforcement agreement, which was put in place in August 2009,...

  4. CIT Shares Rally on NY Fed Terminating Oversight Plan

    CIT Group Inc (NYSE:CIT) said the Federal Reserve Bank of New York has terminated its agreement with the bank, freeing CIT of regulatory supervision and allowing it ...

  5. CIT Group Executive Votek Joining Annaly as Chief Administrative Officer

    Longtime CIT Group Inc. (CIT) executive Glenn Votek has left the business lender and is joining Annaly Capital Management Inc. (NLY), a real-estate investment trust,...

  6. CIT Posts Net Income of $162M in 1Q

    CIT Group Inc, a small-business lender operating under Federal Reserve supervision since emerging from bankruptcy, reported a lower-than-expected quarterly profit du...

  7. Exclusive: CIT has explored possible sale - sources

    CIT Group Inc had preliminary talks over the past year and a half to sell itself to banks, including Toronto-Dominion Bank and Wells Fargo & Co , but nothing came of...

  8. Consumer, Business Borrowers to Take Hit Regardless of 'Cliff' Deal

    Consumers and business will take a financial hit regardless of whether Congress finalizes a deal addressing the so-called "fiscal cliff," as taxes appear certain to ...

  9. Would Fiscal Cliff Deal Drive the Markets Higher?

    WSJ Senior Economics Writer Steve Moore on the fiscal cliff negotiations and their impact on the markets.

  10. Analysis: In ICE-NYSE deal, one CEO steps back, the other rises

    Duncan Niederauer, the chief executive of New York Stock Exchange operator NYSE Euronext, once boldly proclaimed that his company could not be acquired.Last year, ev...

  11. CIT Loss Widens on Debt Repayment Costs in 3Q

    CIT Group Inc, the small-business lender led by former  Merrill Lynch Chief Executive John Thain, posted its third straight quarterly loss, hit by debt redemption ch...

  12. Gasparino: Kevin Warsh Making Push for Treasury Secretary

    FBN's Charlie Gasparino says former Federal Reserve governor Kevin Warsh is seen as a possible front-runner for Treasury Secretary.

  1. CIT CEO talks growth

    CIT Group CEO John Thain on the company’s growth strategy and the lending environment.

  2. CIT CEO: We are in growth mode

    CIT Group CEO John Thain on the state of business after coming out of bankruptcy and the energy and retail sectors.

  3. CIT’s Thain: Regulation a tremendous burden on financials

    CIT Group CEO John Thain on activist investing, middle market lending and the impact of regulation on financial services.

  4. BlackRock's Fink Hoping Hillary is Ticket to Treasury

    Laurence "Larry" Fink has achieved much during his long career on Wall Street, including creating almost from scratch what is the largest and arguably the most succe...

  5. Major probes left at JPM are Libor and China hiring

    FBN's Charlie Gasparino on JPMorgan probes and Goldman Sachs interns sleeping on toilets due to work environments.

  6. The rise and fall of Merrill Lynch

    Former Merrill Lynch International chairman Winthrop H. Smith Jr. discusses the history of Merrill Lynch.

  7. Gasparino: NYSE CEO to receive close to $30M in golden parachute

    FBN's Charlie Gasparino on Duncan Niederauer's payout if he leaves the NYSE.

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