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  1. CIT Group's CEO Discusses Q1 2012 Results - Earnings Call Transcript

    Headlines

    Tue, 24 Apr 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, Chief Accounting Officer and Executive

  2. CIT Group reports loss on debt charges

    Headlines

    Tue, 24 Apr 2012

    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...

  3. CIT CEO Thain's 2011 pay rose 23 percent to $8.2 million

    Headlines

    Thu, 5 Apr 2012

    (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.

  4. CIT's Thain sells $789,000 of company shares

    Headlines

    Tue, 21 Feb 2012

    Feb 21 (Reuters) - John Thain , chairman and chief executive officer of business lender CIT Group Inc, sold almost 19,100 shares of company stock for $789,000 to offset tax obligations from a bonus he...

  5. CIT earnings beat expectations, shares rise

    Headlines

    Tue, 31 Jan 2012

    (Reuters) - CIT Group Inc , the business lender led by former Merrill Lynch Chief Executive John Thain , said fourth-quarter net income fell 59 percent, but a decline in problem loans and borrowing...

  6. CIT Group Q4 profit falls 59 percent

    Headlines

    Tue, 31 Jan 2012

    (Reuters) - CIT Group Inc , the business lender led by former Merrill Lynch Chief Executive John Thain , said its quarterly profit fell 59 percent on lower interest income.

  7. UPDATE 1-CIT Group Q4 profit falls 59 percent

    Headlines

    Tue, 31 Jan 2012

    Jan 31 (Reuters) - CIT Group Inc, the business lender led by former Merrill Lynch Chief Executive John Thain , said its quarterly profit fell 59 percent on lower interest income.

  8. CIT Group, Incorporated CIT Q4 2011 Earnings Call Transcript

    Headlines

    Tue, 31 Jan 2012

    clarify this is the CIT fourth quarter and year-end 2011 earnings conference call. Our call today will be hosted today by John Thain , our Chairman and Chief Executive Officer; and Scott Parker, our CFO. After their prepared remarks, we will have a question

  9. UPDATE 5-CIT Group's long-shrinking loan book stabilizes

    Headlines

    Tue, 25 Oct 2011

    Oct 25 (Reuters) - CIT Group Inc , the business lender led by John Thain , posted a quarterly loss due to debt restructuring, but made enough new loans to stabilize its long-shrinking loan book.

  10. Sources claim CIT Group (CIT) is looking to sell a $1B commercial loan portfolio as part of its ongoing restructuring efforts. Since former Merrill chief John Thain became CEO last year, CIT has sold ...

    Headlines

    Fri, 16 Sep 2011

    looking to sell a $1B commercial loan portfolio as part of its ongoing restructuring efforts. Since former Merrill chief John Thain became CEO last year, CIT has sold more than $8B in loan and lease assets, divested various non-core operations, and

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