Ellen Alemany

CIT Group hires TIAA's Hubbard as top lawyer


James Hubbard will replace Stuart Alderoty, who left CIT earlier this year to join the fintech Ripple.


War for online deposits eats into CIT Group's 4Q profit


Earnings fell well short of analysts' estimates due in part to a 28% increase in interest expenses.


CIT spruces up brand in bid for more household deposits


It’s still primarily a commercial bank, but the branding campaign — CIT’s first in a dozen years — is designed to appeal to the group driving its torrid deposit growth: retail savers.


CIT hires Santander exec to lead banking division


Robert Rubino will join the New York company in February as president of CIT Bank and head of commercial banking.


Mooney, Alemany to receive Conference Board leadership awards


The Committee for Economic Development will honor KeyCorp's Beth Mooney and CIT's Ellen Alemany for fostering diversity at their companies.


CIT profits decline 19% on credit, restructuring costs


An increase deposit costs, higher reserves and ongoing restructuring issues weighed on the second-quarter results at the New York company.


CIT shuffles leadership of risk unit


The New York company on Friday promoted Wahida Plummer, who was previously in charge of regulatory matters, to chief risk officer and expanded the role of its chief credit officer.


Commercial loan charge-off put a dent in CIT's 1Q


CIT took a $22 million hit on a business loan, and overall loan growth was tepid.


Banking had its #MeToo moment two decades ago: CIT’s Alemany


After facing a landmark sexual harassment lawsuit in the mid-1990s, the banking industry has improved its codes of conduct and training on sexual harassment issues, CIT Chief Executive Ellen Alemany said during a panel discussion Wednesday morning.


CIT posts 4Q loss, but lending and leasing expand


The results included a $222 million goodwill impairment charge and other one-time items