Small-business lender CIT Group Inc. said Friday it has sweetened some terms of a buyback offer for $1 billion of debt and repeated that it may have to seek bankruptcy protection if enough noteholders ...
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today appointed William Douglass ...
NEW YORK -- CIT Group, a major lender to small and medium-size businesses, filed for bankruptcy protection Sunday afternoon, a process that almost certainly will wipe out the federal government's $2.3 ...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F ...
NEW YORK, April 28, 2021 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $84 million financing for a new ...
NEW YORK -- Business lender CIT Group Inc. said today its Chief Executive Jeffrey Peek plans to resign at the end of the year. Devastated by the downturn in the credit markets, CIT has been trying to ...
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are ...
Prior to COVID-19, the market comprised too many capital providers chasing too few good deals, a scenario CIT Group’s Chris Niederpruem considered “the new normal … I don’t know what changes that.” ...
A Jersey City tower built by the family firm was financed with some $190 million in loans, including $50 million through the so-called EB-5 visa program. By Jesse Drucker and Charles V. Bagli In a ...
Negotiations over the sale of CIT Group in New York took place in fits and starts for nearly a year before a deal was reached last month. First Citizens BancShares in Raleigh, N.C., agreed on Oct. 16 ...
Analysts say CIT Group could file for bankruptcy as early as Friday after the failure of talks between the company and government officials. CIT, a major lender to small and mid-sized businesses, ...
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