Thain Transforms CIT from Bankruptcy to M&A Target

April 11 (Bloomberg) -- Bloomberg senior markets correspondent Julie Hyman reports that former bank of America president John Thain has transformed the once-bankrupt lender CIT Group into an attractive takeover target for some of the largest banks. She speaks on Bloomberg Television's "In The Loop."

Tapping Asean's E-Commerce Potential
41:58 - Maximilian Bittner, chief executive officer at Lazada Group, discusses the change in retailing from bricks and mortar stores to online shopping, e-commerce in Asean and his partnerships with other retailers to bring goods to the region. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
  • Australia Economy: the Outlook for 2016
  • Battle Between Australia's Mining Boom and Dining Boom
  • Global Glut: Oil Inventories on the Rise