CIT Related Content

CIT Delivers Airbus A319-100 to Air Côte d’Ivoire

CIT Aerospace delivered an Airbus A319-100 to Air Côte d’Ivoire, the national airline of the Ivory Coast. read more

CIT Announces Changes to Board of Directors

CIT announced several changes to its board of directors, appointing Ellen Alemany as chairwoman and nominating Michael Carpenter and John Oros for election to the board. read more

CIT Signs 154 Commercial Aircraft Leases, Delivers 71 Aircraft in 2015

CIT Aerospace signed a total of 154 agreements in 2015 for the current and future leases of commercial aircraft and also delivered 71 aircraft. read more

Former CIT Manager Named Director of Leasing at Delaware Place Bank

Delaware Place Bank announced that Mark Maltese has been named director of leasing services. Maltese previously served with CIT, most recently as a manager for the Lenovo Financial services program. read more

United Bank Hires Former CIT Exec as Chief Information Officer

United Bank hired John J. Smith as executive vice president and chief information and administrative officer. Smith was formerly the chief information officer at CIT Bank. read more

CIT Delivers Airbus A320 to IndiGo, Declares Quarterly Dividend

CIT Aerospace delivered an Airbus A320-200 to IndiGo. In addition, CIT Group declared a quarterly cash dividend of $0.15 per common share on its outstanding common stock. read more

Fitch: Aircraft Lessors Have Supportive Markets, Risks Remain

Fitch Ratings says that recent equity capital raising plans and strategic announcements by aircraft lessors indicate supportive market conditions for the sector and suggest the potential for increased activity in 2016. read more

CIT Announces Senior Management Appointments

Ellen R. Alemany has been appointed CEO and president of CIT Bank, effective immediately. CIT also appointed Robert C. Rowe, Steve Solk and Kenneth A. Brause, CRO, president of CIT Business Capital and treasurer, respectively. read more

CIT Chief Data Officer Receives Computerworld Technology Award

BJ Fesq, chief architect and chief data officer of information technology for CIT, has been selected as a recipient of Computerworld’s 2016 Premier 100 Technology Award.   read more

CIT Appoints Sperling Corporate Controller

CIT Group announced the appointment of Ed Sperling as executive vice president and corporate controller for the company and CIT Bank. Sperling will report directly to chief financial officer Carol Hayles. read more

CIT, TD Securities Leads $325MM Debt Funding to Mobilitie

CIT led a $325 million debt investment for Mobilitie, a privately-held wireless infrastructure provider. read more

CIT Reports Q3 Earnings Boosted by Tax Benefits

CIT Group reported Q3/15 earnings were $697 million compared to earnings of $515 million in Q3/14. CIT noted earnings for the current and year-ago quarters included $647 million and $375 million, respectively of income tax benefits. read more

CIT Agents Independence Contract Drilling Downsize

Independence Contract Drilling amended its existing revolving credit facility with a lender group led by CIT as administrative agent. The aggregate amount of commitments was decreased from $155 million to $125 million. read more

CIT Appoints Barone NE Regional Sales Manager, Commercial Services

CIT Group appointed Louis Barone as managing director and Northeast regional sales manager of CIT Commercial Services, a leading provider of factoring services in the United States. read more

CIT Delivers Aircraft to Sichuan Airlines, Vietnam Airlines

This week, CIT Aerospace delivered an Airbus A330-200 to Sichuan Airlines and its first Airbus A350XWB to Vietnam Airlines. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com