BY CANDICE CHOI
Associated Press

NEW YORK — It’s a company many Americans have never heard of, yet CIT Group Inc.’s scramble for survival was a big concern on Wall Street on Thursday.

The New York-based bank is one of the nation’s largest…

BY ERIC DASH
New York Times

For the last two years, housing has been at the center of the banking industry’s troubles. But for at least one quarter, it will help lift its results.

Even as banks remain cautious about lending and millions…

BY ERIC DASH
New York Times

The Justice Department is investigating the role of several major companies in the credit markets, in another indication that the government is intensifying its scrutiny of derivatives.

Markit Group Holdings, a data warehouse controlled by several big…

Commerce Bancshares Inc. has agreed to sell its locations and automated teller machines in Independence, Kan., to Community National Bank.

The banks expect to transfer the assets and deposits in the second quarter. Terms weren’t disclosed.

Community National has 22 locations in 18…