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  • CIT sets John Thain's salary at $6 million per year

    Feb 8th, 2010 - Reuters

    CIT sets John Thain's salary at $6 million per year with a holding period of one year and the remaining $3 million in stock restricted for three years, the company said in a regulatory filing. apart from salary, thain may get an incentive award from the board for 2010 capped at $1.5 million, the commercial

  • Former Merrill chief tapped to head CIT

    Feb 8th, 2010 - CNNMoney

    into becoming a "more streamlined commercial lender." an important lender to small and expanding businesses

  • CIT names ex-Merrill CEO Thain as chairman, CEO

    Feb 7th, 2010 - Houston Chronicle

    CIT names ex-Merrill CEO Thain as chairman, CEOnew york - former merrill lynch ceo john thain, who brokered the investment bank's controversial sale to bank of america, is taking over as chairman and ceo of cit group as the commercial lender continues to restructure its business following

  • CIT Group names former Merrill Lynch CEO John Thain to lead as chairman and CEO of lender

    Feb 7th, 2010 - Newser

    cit group said sunday it has chosen former merrill lynch ceo john thain to lead the company as chairman and ceo as the commercial lender continues to restructure its business following a brief stay in bankruptcy protection last year. cit group inc

  • China Bans Bank Commissions for Real-Estate Agents

    Jan 13th, 2010 - Wall Street Journal

    association came after an unexpected decision by the central bank to tighten the reserve requirement for commercial lenders, a move aimed at curbing loan growth amid mounting concerns over inflation and a broad-based asset bubble. the china banking

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