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 ...
CIT Group (CIT) is turning into one of the most impressive comeback stories in financial services. Since going bankrupt in November, the commercial lender has put together two consecutive profitable ...
SINGAPORE/NEW YORK (Reuters) - Avolon Holdings, part of China's acquisitive HNA Group, is acquiring CIT Group's (CIT.N) aircraft leasing assets worth $10 billion (8.16 billion pounds) in a deal that ...
NEW YORK -- You may not have heard of CIT Group Inc., but there's a good chance you've shopped in stores that it helps keep in business. The New York-based bank is one of the nation's largest lenders ...
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.” ...
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