CIT named Wahida Plummer as its chief risk officer responsible for all enterprise risk. The company also promoted its Chief Credit Officer Marisa Harney to an expanded role leading all credit risk. read more

MAY 29, 2018 - 7:30 am

CIT Northbridge Credit, the JV financing unit of CIT Group, served as sole lead arranger on a $20 million senior secured revolving and term loan credit facility for Greene’s Energy Group. read more

MAY 25, 2018 - 6:45 am

CIT Group’s Franchise Finance team, part of CIT's Business Capital division, closed a $25 million loan to La Palma, CA-based Friendly Franchisees. read more

MAY 24, 2018 - 7:03 am

CIT Group reported Q1/18 earnings of $97 million were down from $180 million in Q1/17. CIT noted that new lending and leasing volume increased 40% year over year. read more

APR 25, 2018 - 6:48 am

CIT Group announced the pricing of a public offering of $1 billion of senior unsecured notes and $400 million of subordinated notes. read more

MAR 8, 2018 - 8:25 am

Vince Mollica was named managing director of the Equipment Finance business at CIT Group. read more

FEB 13, 2018 - 7:20 am

Lease Corporation International, the helicopter lessor and aviation division of the Libra Group, closed its inaugural capital markets term loan financing, with a value in excess of $55 million. read more

FEB 13, 2018 - 6:53 am

The Corporate Banking unit of CIT’s Commercial Finance business arranged for $180 million in financing for HCT Group. read more

FEB 9, 2018 - 6:10 am

CIT Group’s Commercial Finance division’s Energy Finance business served as sole lead arranger and administrative agent for $46.5 million in construction-only financing on behalf of Cypress Creek Renewables. read more

FEB 8, 2018 - 6:57 am

CIT reported net income for the full year was $458 million compared to a loss of $848 million a year earlier. Q4/17 new lending and leasing volume increased to $2.9 billion from $2.0 billion in the prior quarter. read more

JAN 30, 2018 - 7:36 am

CIT Group reported Q3/17 net income of $220 million compared to $131 million for the same quarter a year ago. Income from continuing operations for the third quarter was $223 million. read more

OCT 24, 2017 - 6:58 am

Nicholas Nunnari joined CIT’s Commercial Services team as vice president and business development officer. read more

OCT 19, 2017 - 6:20 am

Marc Adelson joined CIT Group’s Commercial Services business as managing director and Northeast regional manager. read more

OCT 6, 2017 - 7:35 am

CIT Group announced the expansion of its commercial aircraft lending business. The new Aviation Lending team will be led by Jennifer Villa Tennity, who rejoined CIT as president of the business. read more

OCT 4, 2017 - 7:14 am

CIT Group named Kenneth McPhail executive vice president and chief strategy officer. read more

SEP 6, 2017 - 6:55 am