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Over 60% of middle market companies are predicting growth over the next 12 months, even though nearly 60% believe the US economy will slow down, according to a study from the Economist Intelligence Unit and CIT Group Inc. (more…)
#CIT#financial services#regulation
CIT Group Inc., a leading global provider of commercial and consumer finance solutions, today announced that Frederick E. Rick Wolfert…
#CIT#commercial finance#leadership
Portfolio quality showed mixed results: Receivables over 90 days matched its low for the year, while average losses increased slightly over…
#bank#CIT#commercial finance
CIT Group Inc., announced that it has contracted with BNP Paribas to execute a US$500m common stock repurchase programme on an…
#cash-flow#CIT#small business
iPay was advised on the transaction by William Blair Company and debt financing was provided by CIT Lending Services (more…)
#banks#CIT#financial services
CIT Canada, a division of CIT Group, has announced the appointments of Mark Hart as chief sales officer and senior…
#CIT#commercial finance#investment
US commercial finance firm CIT is expected to take ownership this week of the asset finance and leasing business of…
#CIT#commercial finance#leasing
CIT Group is expected to report earnings of $1.16 a share, up from $1.03 reported in the year-ago period, according…
#CIT#international#leasing
Standard & Poor's Ratings Services affirmed its ratings on CIT Group and CIT's related entities, including its 'A/A-1' counter-party credit…
#bank#CIT#interest rates
CIT Group Inc., a leading provider of commercial and consumer finance solutions, today announced the retirement of John Canning as…
#CIT#i#leadership
CIT will provide a committed factoring line of up to (more…)
#bankruptcy#CIT#working capital
CIT Group announced that it has reached a definitive agreement to acquire a full service healthcare financing company that specialises in…
#acquisition#cash-flow#CIT
Revenues and segment profit from GE's Commercial Finance business stood at (more…)
#acquisition#CIT#commercial finance