View: What my worst trades taught me about investingIn a career filled with other bad trades, missed opportunities and judgment errors, some decisions stand out, not just for the lost money, ...
05 Sep, 2021, 09.58 AM IST
Bezos hack casts light on stock that’s up 191% in two yearsFTI Consulting’s market value has almost tripled after beating Wall Street projections
22 Feb, 2020, 02.44 PM IST
Big tech is coming for banking: Experts predict fintech’s 2020Memorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. Our experts thi...
24 Dec, 2019, 09.51 AM IST
Rs 2400 crore tax woes mount for AV Birla GroupThe income tax appellate authority has ruled against a plea filed by ABTL which had challenged a Rs 2400 cr tax demand issued earlier by th...
14 Jan, 2014, 01.30 AM IST
- McLeod Russel first to challenge India's retrospective tax laws
McLeod Russel has become the first Indian corp to challenge the govt's widely criticized retrospective amendments to tax laws.
18 Jun, 2012, 06.51 PM IST
- No succession plan at Wall Street firms
In the past four years, disorganized transitions cracked the foundations under some of the world’s biggest financial institutions, includin...
28 Jan, 2010, 03.21 AM IST
- GMAC CEO Alvaro de Molina steps down
Troubled auto and home lender GMAC Financial Services said Monday CEO Alvaro de Molina is stepping down. Michael A Carpenter, a member of t...
17 Nov, 2009, 04.25 AM IST
- CIT Group receives $1 billion loan from Icahn
Icahn also agreed to provide CIT with a $1 billion line of credit.
31 Oct, 2009, 05.16 AM IST
- CIT Group says CEO Peek plans to resign
CIT Group Inc., struggling as it continues efforts to restructure its debt, said Tuesday chairman and CEO Jeffrey M. Peek will resign at th...
14 Oct, 2009, 12.40 AM IST
- CIT draws down credit, suspends preferred divs
CIT Group Inc., which is trying to avoid filing for bankruptcy protection, said Friday that it has received the remaining $1 billion availa...
07 Aug, 2009, 08.39 PM IST
- Government will not give lender CIT 2nd bailout
The Obama administration drew a line in the sand on financial bailouts Wednesday, denying emergency aid to CIT Group Inc., a struggling com...
16 Jul, 2009, 05.17 AM IST
- CIT Group still in talks with regulators
Diversified lender CIT Group Inc said it is still in talks with regulators on ways to improve its near-term liquidity as recent losses may ...
13 Jul, 2009, 05.13 PM IST
- US seeks lending data from bailed out banks
The US Treasury, under pressure to revive lending, is demanding monthly reports from the banks that received the most capital from the gove...
21 Jan, 2009, 02.42 AM IST
- US economic data expected to show more weakness
Several reports due on Wednesday are expected to provide more evidence that consumers are cutting back on spending and companies are elimin...
24 Dec, 2008, 11.13 AM IST
- Fed designates CIT Group as bank holding company
The Federal Reserve has approved commercial financial services firm CIT Group Inc. as a bank holding company.
23 Dec, 2008, 03.14 AM IST
- Subprime defaults blamed for US earning woes
Railroads, chemical producers and insurance companies are blaming the worst US housing slump in 16 years for their earnings woes.
02 Aug, 2007, 01.43 AM IST
- MindTree ties up with US firm
IT company MindTree Consulting along with US-based CIT Group Inc and consumer finance solutions has established an offshore development cen...
26 Jun, 2007, 02.19 PM IST