OneWest Bank launched a new small business banking promotion in which customers can earn up to $600 by opening a checking account, savings account and by financing equipment for their business. read more

AUG 22, 2019 - 6:20 am

Philip Robbins joined CIT Group as the president of Asset Management and Capital Markets. Robbins will also serve on the company’s Executive Management Committee. read more

AUG 21, 2019 - 6:45 am

CIT Group’s Healthcare Finance unit served as sole lead arranger on a $60 million senior secured credit facility for Partners Pharmacy. read more

AUG 16, 2019 - 6:45 am

CIT Group and Mutual of Omaha signed a definitive agreement for CIT Bank to acquire Mutual’s savings bank subsidiary, Mutual of Omaha Bank, for a purchase price of $1 billion. read more

AUG 13, 2019 - 6:55 am

CIT Group served as sole lead arranger on a $60 million financing for Carolina Restaurant Group, an operator of 108 Wendy’s restaurant franchises across North Carolina and South Carolina. read more

AUG 7, 2019 - 6:25 am

Ken Martin joined CIT Group as managing director of the Small Business Solutions unit, which is part of the Business Capital division. read more

AUG 6, 2019 - 6:55 am

CIT Northbridge Credit served as collateral and administrative agent and lead lender on a $100 million senior secured credit facility for Hornbeck Offshore Services. read more

AUG 1, 2019 - 6:55 am

CIT Group reported its financial results for the second quarter of 2019. Q2 net income available to common shareholders was $128 million or $1.33 per diluted common share. read more

JUL 25, 2019 - 6:55 am

CIT Group’s Power and Energy business served as coordinating lead arranger for $204.5 million in debt financing to support construction of Holstein Solar, a 200-megawatt solar farm. read more

JUL 24, 2019 - 6:40 am

CIT Group expanded its investment management and advisory capabilities to provide increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry sectors. read more

JUL 23, 2019 - 6:55 am

Helicopter lessor Lease Corporation International closed a new asset-backed helicopter facility in excess of $135 million with a syndicate of five banks led by CIT Group as agent. read more

JUL 18, 2019 - 6:40 am

James J. Gifas joined CIT Group as the head of Treasury Services and will serve on CIT’s Executive Management Committee. read more

JUL 9, 2019 - 6:50 am

Duke Energy Renewables’ 150-megawatt North Rosamond solar project has begun commercial operation. M&T Bank's Commercial Equipment Finance Group, among others, previously provided tax equity financing for the project. read more

JUN 20, 2019 - 6:35 am

Leslie Grizzard joined CIT Group in Washington, D.C. as managing director of the Aerospace, Defense & Government Services business. read more

JUN 11, 2019 - 6:52 am

CIT Group’s Power & Energy business served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy’s 379-megawatt Prospero solar facility in Texas. read more

MAY 31, 2019 - 6:50 am