CIT Group announced a financing relationship between CIT Equipment Finance and LiuGong North America. read more

APR 6, 2016 - 7:18 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

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According to a regulatory filing, CIT paid only 70% of former CIT chief executive John Thain’s target bonus of $1.75 million for lack of a timely integration of the OneWest bank merger. read more

MAR 23, 2016 - 8:42 am

CIT announced its strategic plan designed to drive long-term shareholder value. The focus is on core commercial businesses and is expected to complete commercial air separation by end of 2016. read more

MAR 23, 2016 - 8:25 am

According to an SEC filing, CIT Group Chief Executive Officer John A. Thain bought 50,000 shares of the company’s stock at an average cost of $27.31 per share and had a total value of $1,365,500. read more

FEB 8, 2016 - 7:15 am

CIT reported its combined North American Banking and Transportation & International Finance leasing and financing assets grew 27% from a year earlier. read more

FEB 2, 2016 - 7:57 am

According to research from CIT Group, middle market executives are judging the state of the economy based on personal experience and observation more than big data economic indicators. read more

OCT 30, 2015 - 7:06 am

CIT said it would explore strategic alternatives for its $10 billion Commercial Air business and sell its CIT Canada and CIT China businesses to advance its transition to a U.S. commercial bank. read more

OCT 22, 2015 - 7:09 am

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CIT Group announced that Scott T. Parker, EVP and CFO, will leave the company in November to serve as EVP and CFO of Springleaf Holdings. read more

OCT 20, 2015 - 7:36 am

CIT Group announced that CIT Aerospace delivered its 29th and 30th aircraft as part of a key relationship with Delta Air Lines. read more

OCT 9, 2015 - 6:43 am

CIT Group announced that CIT Communications & Technology Finance served as sole lead arranger and administrative agent in a senior secured credit facility to Central States Tower. read more

OCT 8, 2015 - 6:38 am

According to a new report from Research and Markets, the aircraft leasing market is expected to reach $179 billion in 2015 and then grow at a CAGR of 6% to reach $245 billion in 2021. read more

SEP 28, 2015 - 6:53 am

CIT Energy Finance served as lead arranger in a senior secured credit facility of up to $120 million for Sunlight Financial, a provider of financing for the residential solar market. read more

SEP 25, 2015 - 7:20 am

CIT Healthcare Finance served as sole lead arranger and administrative agent in a $26.5 million senior secured credit facility to support the recapitalization of PharmaLogic and the acquisition of Clinical Pharmacy Services (CPS) by Webster Capital. read more

SEP 16, 2015 - 7:19 am

CIT Bank, the principal bank subsidiary of CIT, announced that Dorene Dominguez has been named to its Board of Directors effective immediately. read more

SEP 11, 2015 - 7:06 am