CIT reported Q2/17 net income of $157 million compared to $17 million for the same quarter a year ago. The company noted a pre-tax gain of $146 million on the sale of its Commercial Air business. read more
JUL 26, 2017 - 6:55 am
Bloomberg reported CIT fell in New York trading after incoming CEO Ellen R. Alemany outlined plans to cut costs and boost profitability, while offering little new information on the aircraft leasing divestiture. read more
MAR 24, 2016 - 6:52 am
CIT Group officially completed its acquisition of IMB Holdco, the parent company of OneWest Bank. read more
AUG 4, 2015 - 6:37 am
CIT Bank announced it has completed its acquisition of Direct Capital, a provider of financing to small and mid-sized businesses. read more
AUG 5, 2014 - 7:21 am
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