
Our fair value estimates for American Express AXP and CIT Group CIT are unchanged after Wednesday's announcements that Delta ..... the chance for a material loss to Amex is very remote. CIT announced Wednesday that it has a combined exposure to
May 2 (Reuters) - CIT Group Inc . on Tuesday sold $2 billion of two-part senior unsecured notes, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch, Barclays Capital,...
CIT Group ( CIT ) Q1 2012 Earnings Call April 24, 2012 8:00 am ET Executives Kenneth A. Brause - Executive Vice President of Investor Relations John A. Thain - Chairman and Chief Executive Officer Scott T. Parker - Chief Financial Officer
* Lender's new online bank has more than $1 bln of deposits
April 24 (Reuters) - CIT Group Inc , the small-business lender led by former Merrill Lynch Chief Executive Officer John Thain, said it had lost $447 million in the first quarter after taking $620...
(Reuters) - CIT Group Inc , the small-business lender that has been recovering from a 2009 bankruptcy, gave its chairman and chief executive John Thain a 23 percent rise in pay to $8.2 million in 2011, the company said on Thursday.
(Reuters) - Business lender CIT Group Inc said it will redeem part of its 7 percent senior unsecured notes maturing in 2017, reducing its high-cost debt by $500 million.
April 2 (Reuters) - Business lender CIT Group Inc said it will redeem part of its 7 percent senior unsecured notes maturing in 2017, reducing its high-cost debt by $500 million.
CIT Group 's ( CIT -0.3% ) $75M settlement to resolve allegations it misled shareholders about exposures to risky mortgages and student loans has been preliminary approved a U.S. District Judge in Manhattan. Post your comment!
(Reuters) - CIT Group Inc won preliminary court approval on Friday of a $75 million settlement to resolve allegations the commercial lender fraudulently misled shareholders about its exposures to risky mortgages and student loans.