CIT announced that Michael Brosnan has been named to its board of directors replacing John Oros who has stepped down from the board due to the demands of his position with J.C. Flowers. read more

NOV 15, 2016 - 7:01 am

CIT Aerospace, Defense & Government Finance served as sole lead arranger in a $52 million senior secured credit facility to North American Rescue. read more

NOV 11, 2016 - 7:15 am

In its Q3/16 earnings report, CIT announced that financing leasing assets of $49.3 billion were down 1.6% from the $50.1 billion reported in the same quarter a year ago. read more

OCT 25, 2016 - 7:19 am

Bloomberg reported that in the wake of the sale of its aircraft leasing business to Avolon Holdings, CIT Group rose 3.5% in New York trading. read more

OCT 11, 2016 - 6:57 am

CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines. read more

SEP 23, 2016 - 7:05 am

CIT Group appointed James J. Duffy as executive vice president and chief human resources officer. Duffy served with CIT from 2006 to 2010 and spent the last six years with Ally Financial. read more

AUG 31, 2016 - 6:14 am

CIT Communications and Technology Finance provided a $23 million senior secured credit facility to Lighthouse eDiscovery, a provider of technology-enabled ediscovery services. read more

AUG 4, 2016 - 6:20 am

According to a CIT report, E-commerce Drives Retail Revolution, the retail industry is going through a form of evolution, maybe even a revolution. read more

JUL 8, 2016 - 6:45 am

CIT Group launched a mid-cap restaurant franchise finance practice to complement its large and small restaurant franchise financing businesses. read more

JUN 16, 2016 - 6:50 am

According to CIT Real Estate Finance, a period with ample sources of capital, very low cap rates and high valuations has set the stage for commercial real estate in 2016, but the impact of coming regulations has yet to be factored in. read more

JUN 9, 2016 - 6:13 am

CIT Real Estate provided a $35 million senior secured mortgage loan to a special purpose entity controlled by The Bascom Group and funds managed by Oaktree Capital Management. read more

MAY 27, 2016 - 7:20 am

CIT Capital Markets Group Head and Managing Director Neil Wessan sees both uncertainty and opportunity for lenders in the months ahead. read more

MAY 13, 2016 - 7:01 am

In a Monitor Q&A, executives from four leading vendor finance companies provide an overview of the current vendor finance landscape. They discuss last year’s intense competition and its effect on standards, how the process of developing new vendor relationships has changed during the past decade and the opportunities and challenges they anticipate in 2016.... read more

May/June 2016

CIT Group appointed Denise Menelly executive vice president and head of technology and operations, effective June 29. read more

MAY 4, 2016 - 7:08 am

CIT Commercial & Industrial Finance served as sole lead arranger for an over $50 million senior secured credit facility to support the acquisition of HRI Holding by York Capital Management. read more

MAR 2, 2016 - 7:02 am