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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.

CIT gains breathing space to restructure debt

Financial Times | 98 days 23 hours 23 minutes ago

CIT Group on Monday revealed it had won more time to restructure and avert a near-term bankruptcy filing, saying a tender offer for $1bn of the......

Read the complete story at Financial Times

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