CIT Group, the New York consumer- and commercial-finance company, is pursuing funding from an overseas bank to support its lending business, according to the March 24 Wall Street Journal. The news ...

WASHINGTON — CIT Group Inc. shares tumbled 75 percent Thursday as its inability to get emergency government funding raised expectations that the commercial lender will file for bankruptcy protection.

Commercial lender CIT Group Inc. confirmed late Monday that it has secured a $3 billion bailout from its bondholders, saving the company from filing for bankruptcy. It's a new twist in the financial ...

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 ...

NEW YORK, July 9, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that it has named Chris Esposito as managing director in charge of its newly expanded Asset-Based Lending business. In ...