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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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NEW YORK, Jan 23 (Reuters) - Fitch Ratings and Moody's Investors Service cut their ratings on CIT Group (CIT.
to 2.82 percent from 3.11 percent in the third quarter, Comerica said in a statement. And CIT Group loading...
delivered campaigns for clients including but not limited to Windstream Communications, Panasonic, NetJets, Bank of NY...
in Texas, where the franchise is headquartered, got pre-approved in June for a business loan from lending company CIT...
would cause a systemic failure if it should collapse. Also on Monday, Treasury sent $2.3 billion to CIT Group (CIT,...
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Top Sources: CIT Group Inc.
- Philadelphia Inquirer
- Wall Street Journal Online
- New York Times
- CNN Money
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