CIT Group Inc has hired former Merrill Lynch CEO John Thain as its new chief executive, the commercial lender said in early February, wagering that the well-traveled executive can guide its ...

Following the latest news that former Merrill Lynch CEO John Thain resigned from Bank of America, she tells colleague Dennis Berman what the challenges are for BofA going forward.

Thain says the issue of ‘too big to fail’ has still not been resolved five years after the tumultuous events that set off the financial crisis. Home Browse Series Live Q&A WSJ Events From ...