The CIT Group, a leading commercial lender, won bankruptcy court approval on Monday to borrow as much as $500 million...
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CIT GROUP INC.
CIT Group, Inc., a leading global commercial and consumer finance company, offers lending, leasing, and advisory services to small and mid-sized businesses, as well as to top companies in the energy, health care, communications, and entertainment industries. CIT has more than $70 billion in managed assets and, in 2008, agreed to become a bank holding company to receive TARP money under the economic stimulus. The company was founded in 1908 and is headquartered in New York.
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to shore up their balance sheets and reduce their exposure to risky loans. Two key small business lenders, CIT Group...
NEW YORK (Dow Jones)--The worth of Credit default swaps insuring the bonds of commercial lender CIT Group Inc.
(Adds details, background) NEW YORK, Nov 20 (Reuters) - Sellers of protection on CIT Group Inc's (CITGQ.
year * Shares of CIT fall (Adds comment, bylines, updated share price) NEW YORK, Nov 19 (Reuters) - CIT Group Inc...
CIT hopes to emerge from bankruptcy this year * Shares of CIT little changed NEW YORK (Reuters) - CIT Group Inc on...
NEW YORK (Reuters) - CIT Group Inc (CITGQ.PK) on Thursday said it has won overwhelming support from bondholders for its...
to emerge from bankruptcy this year * Shares of CIT little changed NEW YORK, Nov 19 (Reuters) - CIT Group Inc (CITGQ.
said. Losses are expected to be suffered by Credit Suisse Group, a fund managed by BlackRock Inc. and CIT Group Inc.
reserved for bad loans * Shares close little changed at 21 cents NEW YORK, Nov 16 (Reuters) - CIT Group Inc (CITGQ.
and maximize recovery to the taxpayer to the extent possible.' The Nov. 1 bankruptcy filing of commercial lender CIT...
fall? But . So far three banks that received TARP funds Pacific Coast National Bancorp, UCBH Holdings Inc.
NEW YORK (Reuters) - CIT Group Inc (CITGQ.PK), the large U.S. consumer finance company, on Monday posted a $1.
7 million in taxpayer money but failed on Nov. 6. The Nov. 1 bankruptcy filing of commercial lender CIT Group Inc.
to shore up their balance sheets and reduce their exposure to risky loans. Two key small business lenders, CIT Group...
to shore up their balance sheets and reduce their exposure to risky loans. Two key small business lenders, CIT Group...
NEW YORK (Dow Jones)--CIT Group Inc. (CITGQ), the lender trying to re-emerge from bankruptcy by the end of the year,...
reserved for bad loans * Shares close little changed at 21 cents NEW YORK, Nov 16 (Reuters) - CIT Group Inc (CITGQ.
CIT Group Inc., the lender trying to re-emerge from bankruptcy protection by the end of the year, said it lost $1.
a New York hedge fund, a year later. He recently served as a board member of troubled lender, CIT Group.
(Updates with additional information from filing, and background, beginning in sixth paragraph.) NEW YORK (Dow...
NEW YORK (Dow Jones)--CIT Group Inc. (CITGQ), the lender trying to re-emerge from bankruptcy by the end of the year,...
GMAC succeeds, Mr. Carpenter, 62, said in the companys statement. Mr. Carpenter, who resigned from the board of CIT...
a New York hedge fund, a year later. He recently served as a board member of troubled lender, CIT Group.
NEW YORK -(Dow Jones)- CIT Group Inc. (CITGQ), the lender trying to re-emerge from bankruptcy by the end of the year,...
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