Cit, Rescue Loan | 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.

 

Troubled CIT 'gets rescue deal'

Troubled CIT 'gets rescue deal'

CIT, the troubled American bank, approves a $3bn rescue loan from major shareholders to try to avoid bankruptcy, reports say.

 

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