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."
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Hong Kong Fights Against Property Boom
02:16 - Hang Seng Bank Chairman Raymond Ch'Ien discusses his outlook for Hong Kong's property market. He speaks on "Bloomberg Markets." (Source: Bloomberg)