CIT Group Related Content

CIT Realizes Q2 $146MM Gain on Sale of Commercial Air Business

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

CIT Frustrates Analysts on Air-Leasing Divestiture Plan

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

CIT Completes Acquisition of OneWest

CIT Group officially completed its acquisition of IMB Holdco, the parent company of OneWest Bank. read more

CIT Completes Acquisition of Direct Capital

CIT Bank announced it has completed its acquisition of Direct Capital, a provider of financing to small and mid-sized businesses. read more

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