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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.

CIT Group Inc. is part of Business Exchange, suggested by Ginny Moore. This topic contains 332 news and 103 blog items. Read updated news, blogs, and resources about CIT Group Inc.. Find user-submitted articles and reactions on CIT Group Inc. from like-minded professionals.

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ING Puts U.S. Online Banking Unit Up for Salemore

New York Post that had been put up for sale. The Post, citing unnamed people, added that the CIT Group was one...

NJ, NY firms pay $16.5m to settle fraud suitmore

defrauded the government.The U.S. attorney's office says Avaya Inc. of Basking Ridge, N.J. and CIT Group, Inc.

Crystal Financial and CIT Provide Financing to Piggly Wiggly Holdingsmore

to Piggly Wiggly Holdings LLC, a regional supermarket chain based in Charleston, South Carolina, that was arranged by...

CIT Group redeeming some second lien notesmore

NEW YORK - CIT Group Inc. is redeeming an additional $500 million of its 7 percent Series A second lien notes due 2013.

UPDATE 2-CIT Group Q4 profit falls sequentiallymore

sequentially * Expects to raise new business volume, cut costs in 2011 (Adds details) Feb 15 (Reuters) - CIT Group Inc...

UPDATE 3-Higher expenses eat into CIT Group's Q4 profitmore

sequentially * Expects to raise new business volume, cut costs in 2011 (Adds details) Feb 15 (Reuters) - CIT Group Inc...

Thain Says He Shouldve Grabbed, Shaken Paulson to Aid Lehmanmore

the Bear Stearns Cos. rescue, said Thain, who is now CEO and chairman of New York-based commercial lender CIT Group Inc.

JPMorgan, Regions: Winners & Losersmore

week in which Bruce Berkowitz, one of its top investors, suggested it could combine in a deal with CIT Group(CIT),...

Berkowitz Hints at CIT/Regions Mergermore

NEW YORK (TheStreet) -- Bruce Berkowitz, whose Fairhome Capital Management is CIT Group(CIT)'s largest shareholder and...

The Bank Bailouts (Hilariously) Explainedmore

on to highlight some other absurdities from the financial crisis, like ex-Merrill CEO John Thain, now CEO of CIT Group...

AIG Shareholder Fairholme to Seek Talks With Insurermore

Corp. and Armonk, New York- based MBIA Inc., a bond insurer; and the largest shareholder in New York-based CIT Group...

CIT Group Buys Back 500M Debtmore

will buy back $500 million of its second-lien notes. The lender to small and midsize businesses is planning to complete...

CIT to redeem $500 million in 7 percent notes��� 30 Dec 2010more

NEW YORK - CIT Group Inc. said Thursday it will redeem $500 million of it 7 percent Series A second lien notes due 2013.

CIT To Redeem $500 Million Of Series A Notesmore

CIT Group Inc.(NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today...

CIT Group, John Hancock IPOs touched by controversymore

NEW YORK (CBS.MW) -- Initial public offerings from big cap names John Hancock and CIT Group are in the scandal...

Wikileaks Can't Wipe Out A Major Bankmore

replace Thain as head of wealth management but he turned it down. Meanwhile Thain is heading up the CIT Group, and Ken...

Park Sterling Bank Names Nancy Foster Chief Risk Officermore

expertise in business transformation and performance enhancement. In her most recent position she was Chief Risk...

Analyst Moves: Coach, CIT Groupmore

This morning, Goldman Sachs raised its price target on shares of Coach (COH) up to $51 as sales are expected

U.S. Bank Bonds Could Face An Irish-Style Cram Downmore

headline news than bank bonds.�� In fact, it just may be an extraordinary turnaround story. Buy the CIT Group 7% due...

CIT cutting debt by another $537 millionmore

SAN FRANCISCO (MarketWatch) -- CIT Group Inc. /quotes/comstock/13*!cit (CIT 39.65, +0.21, +0.53%) said Tuesday that it...

Barclays, Deutsche: The Weekly Bank Stock Roundupmore

Barclays also announced this week that Jeffrey Peek, the former head of CIT Group (CIT) Barclays' U.K.

Fifth TARP Bank Fails, Likely Wiping Out Taxpayer Stakemore

risk of toppling, and regulators have sought to downplay the failures of TARP-connected banks. Sonoma Valley Bank joins...

Rulemakers plan global overhaul of lease accountingmore

and IASB decided to address both lessee and lessor accounting as part of the proposal, so companies like CIT Group Inc...

Stocks in focus Thursday: Nvidia, Nordstrommore

up 27% from $8.5 billion. Adjusted earnings were 43 cents a share. Read details on Cisco results CIT Group Inc.

CIT completes refinancing of $3 bln in debtmore

SAN FRANCISCO (MarketWatch) -- CIT Group Inc. /quotes/comstock/13*!cit/quotes/nls/cit (CIT 36.54, -0.53, -1.

Top Sources: CIT Group Inc.

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  • Philadelphia Inquirer
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  • Wall Street Journal Online
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  • thedeal.com
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  • CNN Money

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