M&A activity almost came to a halt in 2020, but 2021 has kicked off with a flurry of activity. James Jackson reviews the notable transactions of the last year and says future economic indicators point to continued M&A activity in 2021 as well as strong valuations of quality equipment finance companies.... read more
May 2021
CIT Bank completed the acquisition of Mutual of Omaha Bank, bringing its total assets to $60 billion. read more
JAN 3, 2020 - 6:45 am
The Office of the Comptroller of the Currency has provided regulatory approval for the merger of Mutual of Omaha Bank into CIT Group's banking subsidiary, CIT Bank. read more
NOV 20, 2019 - 6:40 am
CIT Group and Mutual of Omaha signed a definitive agreement for CIT Bank to acquire Mutual’s savings bank subsidiary, Mutual of Omaha Bank, for a purchase price of $1 billion. read more
AUG 13, 2019 - 6:55 am