CIT to provide commercial loans through Allstate partnership
CIT will provide revolving and term loan commitments of up to $100 million through a partnership with the Northbrook, Ill., insurance company. ... Read full article
News Topic: CIT Group
Search Results
Tackling income volatility; New CMO at Citi
JPMorgan Chase’s Colleen Briggs and Fiona Greig are among those working on ways to help a growing segment of consumers with wildly fluctuating incomes. Plus, the women of Wells Fargo’s board and a big promotion at Citi. ... Read full article
CIT Group’s profit improves as restructuring continues
The results handily beat estimates as the company benefited from CEO Ellen Alemany’s ongoing effort to shed businesses and simplify operations. ... Read full article
One less female CEO-CFO duo; Supreme manteruppting
Carol Hayles’ departure from CIT leaves us with one less female CEO-CFO team in banking; even Supreme Court justices get manterrupted; a Google doodle celebrates a microlender; and Sen. Elizabeth Warren strikes a pose. ... Read full article
CIT taps former Citizens Financial exec as CFO
John Fawcett, previously CFO at Citizens Financial in Providence, R.I., will succeed Carol Hayles as CFO. ... Read full article
CIT agrees to sell stake in aviation leasing business
The sale to Tokyo Century Corp. will help accelerate CIT's transformation into a more traditional small-business and middle-market lender. ... Read full article
What’s behind the curious rise in bank auditing woes?
A number of small banks have disclosed material weaknesses in loan-loss accounting and other procedures. Reasons vary, but a common thread appears to be that accounting firms are facing pressure to beef up their scrutiny of internal controls in financial ... Read full article
CIT profits plunge on restructuring costs
The Livingston, N.J., company took a big hit in the fourth quarter as it continued to divest certain business lines and restructure its operations. ... Read full article
- « first
- ‹ previous
- 1
- 2
- 3