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 (Reuters) - CIT Group Inc's bankruptcy filing could push at least some small businesses it finances to look for a new lender, but finding new credit will be tough. CIT filed for bankruptcy ...

CIT Group Inc., the finance and lending specialist with a market capitalization of approximately $9.5 billion, has convinced investors with strong second quarter earnings, solid book value growth year ...

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 ...

Clocking in as the fifth largest bankruptcy in U.S. history, CIT Group filed for Chapter 11 bankruptcy protection on Sunday. The 101-year-old commercial lender will try to restructure its debt while ...

NEW YORK (AP) — Commercial lender CIT Group Inc. said Monday that its second-quarter loss widened, partially as a result of hefty debt-refinancing charges. CIT’s loss amounted to $70.7 million, or 35 ...

CIT Group, Inc. (NYSE: CIT), the financial holding company which last year purchased the parent company of now-defunct reverse mortgage lender Financial Freedom, reported a delay in filing its annual ...

The California Reinvestment Coalition, an organization that advocates for banks to do more for low-income communities, will oppose the planned purchase of Pasadena’s OneWest Bank by Livingston, N.J., ...

CIT Group Inc. provides financing to about 1 million small and mid-sized businesses. Its bankruptcy filing Sunday could be one of the biggest in U.S. corporate history. The government lent CIT more ...

(Reuters) - Avolon Holdings Ltd, part of China's acquisitive HNA Group, said on Thursday it agreed to buy the aircraft leasing business of CIT Group Inc for $10 billion to create the world's ...