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Australian financial institution Bank of Queensland Limited (BOQ), and CIT Group Inc yesterday signed a purchase agreement under which BOQ will acquire (more…)
#bank#business finance#CIT
CIT Group today announced that it has expanded its factoring relationship with LF USA Inc, a subsidiary of (more…)
#CIT#i#liquidity
Factoring customers are beginning to return to CIT Commercial Services, according to a recent statement by CIT Group Vice Chairman…
#bankruptcy#CIT#CIT Commercial Services
John La Lota, President of Sterling Factors in the United States, talks to Factorscan about Sterling s recent purchase of…
#bank#CIT#international
CIT Group Plc will tomorrow confirm its plans for restructure in a hearing at the U.S. Bankruptcy Court for the…
Peter Mulroy, Senior Vice President of CIT Commercial Services, has declared business as usual at the factoring firm, despite attempts…
#bank#CIT#confirming
A US factoring firm has re-launched a specialised hotline directed at CIT factoring customers who may be looking for an alternative factoring…
#CIT#commercial finance#confirming
CIT Group has filed for bankruptcy, it was announced today. (more…)
#bankruptcy#CIT#commercial finance
CIT Group, parent bank of CIT commercial finance, have deemed billionaire investor Carl Icahn s letter to bondholders inaccurate (more…)
#bank#cash-flow#CIT
CIT Group have once again made alterations to the debt exchange offered to bondholders; the second change since the restructure…
#bankruptcy#CIT#interest rate
CIT have been offered a $6 billion loan from Carl Icahn, (more…)
#bank#bankruptcy#CIT
In a regulatory filing released today, CIT Group have warned they may still have to file for bankruptcy, the Associated…
#bankruptcy#bonds#CIT
Jeffrey Peek, CEO and Chairman of troubled lender CIT, has announced he will be resigning at the end of the…
#bankruptcy#CIT#interest