Macquarie Upgrades CIT Group (CIT) to Outperform

Go back to Macquarie Upgrades CIT Group (CIT) to Outperform

CIT Announces Strategic Initiatives Designed to Further Its Transition to a U.S. Commercial Bank

October 21, 2015 4:16 PM EDT

Exploring Strategic Alternatives for $10 Billion Commercial Air Business Exploring Sale of CIT Canada and CIT China Businesses

NEW YORK--(BUSINESS WIRE)-- CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced a series of strategic initiatives that are designed... More

CIT Announces Senior Management Succession Plan

October 21, 2015 4:15 PM EDT

CEO John Thain to Retire on March 31, 2016; Will Continue as Chairman of the Board of Directors CIT Board Member Ellen R. Alemany to Become Vice Chairman Effective November 1, 2015 and Chief Executive Officer Effective April 1, 2016 Vice Chairman Steven Mnuchin to Step Down from Management Effective March 31, 2016; Will Remain a member of the Board of Directors CIT Corporate Controller Carol Hayles to Become Chief Financial Officer Effective November 1, 2015

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of... More