A Jersey City tower built by the family firm was financed with some $190 million in loans, including $50 million through the so-called EB-5 visa program. By Jesse Drucker and Charles V. Bagli In a ...

NEW YORK (Reuters) - CIT Group Inc's bankruptcy filing could push at least some small businesses it finances to look for a new lender, but finding new credit will be tough. CIT filed for bankruptcy ...

CIT Group, the New York consumer- and commercial-finance company, is pursuing funding from an overseas bank to support its lending business, according to the March 24 Wall Street Journal. The news ...

NEW YORK (AP) — Commercial lender CIT Group Inc. said Monday that its second-quarter loss widened, partially as a result of hefty debt-refinancing charges. CIT’s loss amounted to $70.7 million, or 35 ...

CIT Group, Inc. (NYSE: CIT), the financial holding company which last year purchased the parent company of now-defunct reverse mortgage lender Financial Freedom, reported a delay in filing its annual ...

CIT Group Inc. provides financing to about 1 million small and mid-sized businesses. Its bankruptcy filing Sunday could be one of the biggest in U.S. corporate history. The government lent CIT more ...

CIT Group Inc., a major lender to small and midsize businesses that has struggled under mounting losses and tight credit availability, has amended its debt restructuring offer to enlist more ...

Container ship opertor MPC Container Ships has entered into a $70 million three-year revolving credit facility agreement with CIT Group. The company said the loan had attractive terms.MPC Container ...

Clocking in as the fifth largest bankruptcy in U.S. history, CIT Group filed for Chapter 11 bankruptcy protection on Sunday. The 101-year-old commercial lender will try to restructure its debt while ...