Small-business lender CIT Group Inc. said Friday it has sweetened some terms of a buyback offer for $1 billion of debt and repeated that it may have to seek bankruptcy protection if enough noteholders ...

CIT Group Inc., a major business lender that's been devastated by the downturn in the credit markets, said Tuesday its chairman and CEO will resign at the end of the year. CEO Jeffrey M. Peek is ...

Prior to COVID-19, the market comprised too many capital providers chasing too few good deals, a scenario CIT Group’s Chris Niederpruem considered “the new normal … I don’t know what changes that.” ...

NEW YORK -- Business lender CIT Group Inc. said today its Chief Executive Jeffrey Peek plans to resign at the end of the year. Devastated by the downturn in the credit markets, CIT has been trying to ...

Commercial lender CIT Group Inc. said Friday that billionaire investor and bondholder Carl Icahn agreed to support the company’s restructuring plan amid reports CIT may soon file for bankruptcy ...

First Citizens BancShares, Inc. FCNCA completes its previously announced merger deal with CIT Group Inc. CIT. The merger, announced in October 2020, has led to creating the 20th largest bank in the ...

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are ...