Greg Burns rejoined CIT as SVP of Underwriting for the Restaurant Franchise Finance team. Chris Capecci and Matt Ensley were added to the group as well. read more

FEB 1, 2018 - 7:24 am

CIT named Mike Jones president of Business Capital, replacing Steve Solk who will focus on Consumer Banking. Jeff Lytle was named president of Rail, replacing George Cashman who will retire. read more

JAN 25, 2018 - 6:54 am

White Oak Global Advisors completed a $550 million transaction with GE Capital Aviation Services to buy and immediately lease back 20 wide body aircraft engines. CIT served as financing partner in the transaction. read more

JAN 18, 2018 - 12:34 pm

OneWest Bank, CIT’s Southern California branch bank, was named the best bank in California on MONEY’s Best Banks in America. For the second consecutive year, OneWest was recognized as a top regional bank. read more

OCT 31, 2017 - 6:45 am

CIT Group made two appointments to its Equipment Finance division in support of industrial market segment growth, with Mike Edwards and Jennifer Houck joining the company. read more

OCT 3, 2017 - 7:02 am

International aircraft leasing company Avolon said the completion of the acquisition of the aircraft leasing business of CIT for $10.4 billion doubled the scale of its business. read more

AUG 2, 2017 - 6:27 am

CIT’s equipment finance business earned the highest score in a survey conducted by Konica Minolta Business Solutions. read more

APR 27, 2017 - 7:10 am

According to new research from Market Reports World, the railcar leasing market in North America is expected to grow at a CAGR of 9.01% from 2017 to 2021. read more

MAR 29, 2017 - 7:04 am

CIT Healthcare Finance served as joint lead arranger and joint bookrunner for a $275.3 million senior secured credit facility for Blue Wolf Capital Partners. read more

MAR 7, 2017 - 6:41 am

CIT's commercial aircraft leasing business entered into an amended revolver that extends the final maturity date and lowers the commitment amount that supports the sale of the business to Avolon Holdings. read more

FEB 28, 2017 - 7:16 am

In today’s environment, asset managers must not only understand the equipment itself but also the client’s needs and behaviors, regulatory requirements and changing risk appetites. Monitor contributor Lisa Miller catches up with four asset managers who discuss the ever-evolving process of equipment valuation.... read more

January/February 2017

CIT Commercial Services was selected as the sole provider of factoring services to AG Adriano Goldschmied and its affiliate, Big Star. Both firms are either owned by or affiliated with Koos Manufacturing, a Los Angeles-based producer of high-end jeans. read more

FEB 7, 2017 - 6:47 am

CIT Group appointed Paul Tufaro as executive vice president, chief compliance officer. Tufaro joins after six years at Citigroup. read more

JAN 18, 2017 - 6:30 am

36th Street Capital appointed Jennifer L. Olsen as senior credit analyst, effective immediately. Olsen previously held analyst positions with MetLife and CIT. read more

DEC 5, 2016 - 5:53 am

According to the eighth annual CIT Retail Outlook, 80% of middle market retailers rate their overall financial condition as healthy or very healthy. read more

NOV 23, 2016 - 7:20 am