CIT Group completed the sale of its 30% ownership stake in the commercial aircraft leasing joint ventures TC-CIT Aviation Ireland and TC-CIT Aviation U.S to its joint venture partner Tokyo Century. read more

APR 4, 2017 - 6:30 am

CIT Group’s Energy Finance business served as sole lead arranger and administrative agent for a $59.8 million financing to GCL New Energy. read more

MAR 27, 2017 - 6:50 am

CIT Group reached an agreement to sell its 30% ownership stake in the commercial aircraft leasing joint ventures TC-CIT Aviation Ireland and TC-CIT Aviation to its joint venture partner Tokyo Century. read more

MAR 10, 2017 - 7:33 am

Dorene Dominguez was named to CIT Group’s board of directors, effective February 10, 2017. Dominguez will continue to serve as a director of the company's banking subsidiary, CIT Bank, a role she has held since 2015. read more

FEB 15, 2017 - 7:20 am

CIT Group reported a full year net loss of $861 million as results were impacted by a goodwill impairment charge and other charges related to the termination of a Canadian swap facility. read more

FEB 1, 2017 - 6:51 am

The Irish Times reported that Avolon will borrow $8.5 billion in order to finance the acquisition of CIT’s aircraft leasing division. read more

JAN 23, 2017 - 7:53 am

According to the Daily Quint, a number of institutional investors have recently boosted their positions in CIT Group. read more

DEC 30, 2016 - 7:13 am

CIT Group completed the early settlement of its offer to eligible noteholders to exchange outstanding notes due May 2017 for newly issued notes due May 2018. read more

DEC 27, 2016 - 7:05 am

CIT Group appointed Gina Proia as EVP and chief marketing and communications officer. She will serve on the executive management committee and report directly to CEO Ellen R. Alemany. read more

DEC 14, 2016 - 6:43 am

CIT Group commenced an offer to exchange any and all of its outstanding 5.000% senior unsecured notes due 2017 for its newly issued 5.000% senior unsecured notes due 2018. read more

DEC 8, 2016 - 6:55 am

CIT Group announced Steven T. Mnuchin resigned from its board of directors. His resignation follows President-elect Donald J. Trump’s announced intention to nominate Mnuchin as the next Secretary of Treasury. read more

DEC 5, 2016 - 6:39 am

CIT Group appointed Steve Solk as president of CIT Consumer Banking and president, California, effective immediately. This is in addition to his current responsibilities as president of CIT Business Capital. read more

DEC 1, 2016 - 6:53 am

According to Jeff Kilrea, group head and managing director of CIT Sponsor Finance, middle market executives are more confident about future growth and are actively pursuing multi-faceted growth strategies in the coming year. read more

NOV 30, 2016 - 6:32 am

Fitch Ratings affirmed the long- and short-term issuer default ratings for CIT Group and CIT Bank at 'BB+/B' with a stable rating outlook. read more

NOV 30, 2016 - 6:22 am

CIT Group appointed Marisa J. Harney executive vice president and chief credit officer, effective immediately. Harney previously served as chief risk officer of GE Capital Americas. read more

NOV 9, 2016 - 8:06 am