CIT said its Real Estate Finance group provided a $57.5 million senior secured loan to a joint venture between RedSky Capital, JZ Capital and other investors to acquire property along the Brooklyn waterfront. read more

MAY 5, 2015 - 7:08 am

CIT Group reported Q1/15 net income was $104 million, down 12% from net income of $117 million in Q1/14. Earnings per diluted share of $0.59 were off from the $0.73 EPS expected by analysts polled by Thomson Reuters. read more

APR 28, 2015 - 7:31 am

Middle market healthcare executives are optimistic for 2015 with 71% indicating that they expect their revenues to increase this year, according to the “2015 Middle Market Healthcare Outlook” released by CIT Group. read more

APR 16, 2015 - 7:01 am

Compass Datacenters and KeyBank, as syndication agent, secured a $25 million credit commitment from CIT Group. Financing was provided by CIT Bank. read more

MAR 13, 2015 - 7:20 am

According to a report that appeared in the Los Angeles Times, the chief executives of CIT and OneWest Bank said the planned merger would be good for poor neighborhoods. read more

FEB 27, 2015 - 6:52 am

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Compliance Risk Concepts announced Elin Cherry has joined the firm as principal and head of capital markets and Roland Reyes as director of professional services. Cherry was previously director and head of Business Unit Compliance for CIT. read more

FEB 12, 2015 - 7:17 am

According to the U.S. Attorney’s office in FL, a man posing as an executive of a number of companies has been indicted and charged with fraud against Wells Fargo, CIT Group and Key Bank. read more

FEB 6, 2015 - 7:39 am

According to a California Reinvestment Coalition news release, over 15,000 petitions were delivered to the Federal Reserve urging the Fed not to approve the proposed merger of CIT Group and OneWest Bank. read more

FEB 4, 2015 - 7:17 am

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CIT reported its 2014 funded new business volume of $11.4 billion was up 8.5% from $10.5 billion a year earlier. The increase was primarily the result of a 40% increase in the new business volume from CIT’s Transportation & International Finance segment. read more

JAN 28, 2015 - 7:30 am

CIT Group announced that CIT Capital Equipment Finance served as lead agent in a $76 million senior secured credit facility to Construction Partners, an infrastructure and road construction company. read more

JAN 21, 2015 - 12:18 am

GSG Financial announced the appointment of Paul Christensen to managing director. Prior to joining GSG, Christensen spent 10 years with the CIT Group. read more

JAN 13, 2015 - 12:00 am

In an investment research report, Zacks said it is affirming its recommendation on CIT Group to Neutral based on its restructuring activities. read more

JAN 6, 2015 - 7:11 am

CIT Group served as lead arranger in a $55.5 million facility to T5@Portland. Financing was provided by CIT Bank. read more

DEC 23, 2014 - 6:57 am

According to a LA Times report, CIT stands to collect more than $1.4 billion from federal regulators to cover future losses if its purchase of OneWest Bank be approved. read more

DEC 16, 2014 - 7:37 am

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CIT Group launched CIT Point of View, a new weekly corporate blog that will offer commentary and perspectives on current trends and issues affecting the small business, middle market and transportation sectors. read more

DEC 12, 2014 - 7:14 am