NEW YORK, July 20 (UPI) -- CIT Group Inc., a leading U.S. lender to small and midsize businesses, secured $3 billion in last-minute rescue financing, people briefed on the matter said.
NEW YORK, July 17 (UPI) -- A JPMorgan Chase spokesman said the bank was keeping an eye on the fate of CIT Group, the struggling New York lender, as a possibility for expansion.
WASHINGTON, July 14 (UPI) -- The Obama administration is mulling whether to bail out a key small-business lender, a consideration analysts say underscores how fragile the U.S. economy is.
CHICAGO, Oct. 26 (UPI) -- A unit of CIT Group Inc. has ordered five Boeing Co. 787-8 jets, the Chicago aeronautics company said Thursday.
NEW YORK, Oct. 2 (UPI) -- CIT Group Inc., a U.S. commercial and consumer finance group, is buying the British and German vendor finance business of Barclays Bank PLC.
DOHA, Qatar, Sept. 18 (UPI) -- Qatar Airways is leasing six new Airbus jets from CIT Aerospace, the CIT Group Inc. subsidiary said Monday.
FARNBOROUGH, England, July 20 (UPI) -- CIT Group Inc.'s aircraft leasing unit, which is based in New York, is buying Airbus SA aircraft worth about $1 billion, at current list prices.
NEW YORK, Feb. 8 (UPI) -- Donnkenny Inc. of New York and its subsidiaries Tuesday filed for voluntary Chapter 11 bankruptcy protection.
NEW YORK, Jan. 4 (UPI) -- Clothing producer Happy Kids Inc. of New York Tuesday filed a voluntary petition for Chapter 11 in U.S. Bankruptcy Court in Manhattan. The company's two largest secured creditors are CIT Group/Commercial Services, which holds a claim of $33 million, and n
NEW YORK, July 2 (UPI) -- Tyco International on Tuesday raised a less-than-expected $4.6 billion from the sale of its CIT Group finance arm. Tyco sold 200 million shares at $23 each, bel
