Banks, Investor | featured news

CIT's $6bn loan offer from Icahn

CIT, the troubled American bank, is offered a $6bn rescue loan from investor Carl Icahn as it tries to avoid bankruptcy.

 

Stocks Pull Back After Monday’s Run

Stocks retreated as investors cashed in on their profits a day after Wall Street rallied on new details regarding Washington’s bank-rescue plans.

 

Stocks Rise Sharply at Bell

Investors respond positively to plan to remove up to $1 trillion in bad assets from banks' books.

 

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