Hints and tips:
...Across all BlackRock entities, US CITs had more than $1tn in total net assets as of September 30 2023, Morningstar data shows....
...After the deal closed, Otting was named chief executive of the bank, which was renamed OneWest and later sold to CIT....
...His real name is Hank Medina, a Miami native who climbed the ranks of banking by moving from CIT to Jefferies. After a brief stint on the buy side, he returned to banking at Deutsche Bank....
...In Amgen’s case, the FTC argued that the Big Pharma group could get buyers to favour Horizon’s drugs by bundling them with its own best medicines....
...They also worked together at CIT Group, where Mr Thain hired Mr Chai after becoming chief....
...Letter in response to this article: A publisher that counted ‘Bambi’ as a bestseller / From Henry Wessells, Upper Montclair, NJ, US...
...Letter in response to this article: Buffett’s unfair bounce from Snowflake flotation / From Ram Mukhija, Branchburg, NJ, US...
...Additionally, CtW cites his leadership roles at problem banks Merrill Lynch and CIT Group....
...In 2010, he again joined Mr Thain at CIT Group, where Mr Chai served as president for more than five years....
...Addison Lee announced this week that it plans to offer self-driving vehicles in London from 2021 in partnership with the technology group Oxbotica....
...In 2010 they were reunited when Mr Thain hired Mr Chai at CIT Group. Mr Chai stayed for five years....
...Years of rising inequality had already created groups of “left behind” citizens. Joined by victims of the crash and its aftermath, they formed a critical mass of disaffected voters....
...There are currently 13 commercial banks in that size bracket, according to Bloomberg data, ranging from CIT Group of Pasadena, California ($51bn) to BB & T of Winston-Salem, North Carolina ($221bn)....
...The dozen banks in the Dow Jones mid-cap US banks index are Signature, Comerica, Citizens, Regions, M&T, Silicon Valley Bank, CIT, Fifth Third, Huntington Bancshares, KeyCorp, First Republic and Zions....
...(2) 19 Colts Gait Lane, Colts Neck, NJ: Parmar took his 32-acre compound on a poorly timed publicity tour in the early stages of the financial crisis....
...Citi has continued a string of hiring for its industrials group by poaching UBS veteran Jean-Baptiste Petard to a newly created global role, in a move that also underscores the US bank’s continued investment...
...Mr Thain’s previous positions include leading CIT Group, Merrill Lynch and the New York Stock Exchange....
...CIT Group, a US lender, said on Thursday that it will sell its commercial aircraft leasing unit to Avolon Holdings for $10bn....
...Florida’s records are very open, so it takes approximately one minute to find out that “The Odin International Group LLC” is owned by Rodolfo Sablon, and that “Blackbourne Financial Group Inc” is owned by...
...In October its aircraft leasing company Avolon agreed to buy US-based rival CIT Group for $10bn....
...More recently, HNA, through Avolon Holdings, the aircraft leasing company it acquired in July 2015, agreed to pay $10bn for the rival leasing arm of US-based CIT Group....
...In October, Avolon Holdings, an aircraft leasing company controlled by HNA, agreed to pay $10bn for the leasing arm of US-based CIT Group....
...Last autumn, the chief executive CIT Group announced plans to depart — one in a series of strategic changes at the formerly troubled finance firm....
...One counter example is CIT Group, a banking institution that has made so many acquisitions it has crossed the $50bn threshold....
...That is something departing CIT Group head John Thain will ponder in retirement when he visits the Thain Family Forest, a section of the New York Botanical Garden that he has endowed....
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