BY GRAHAM BOWLEY
New York Times
A new order is emerging on Wall Street after the worst crisis since the Great Depression — one in which just a couple of victors are starting to tower over the handful of financial titans that…
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 ZACHERY KOUWE
New York Times
Rep. Edolphus Towns, D-N.Y., demanded to know in June “who was holding the shotgun” that forced Bank of America into a hastily arranged marriage with the struggling Wall Street giant Merrill Lynch.
Towns, the chairman of the…
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…
