After struggling for months to avert bankruptcy, lender CIT Group has filed for bankruptcy protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Shares in CIT Group popped 27% on Friday after First Citizens BancShares announced that it has entered into an all-stock merger of equals with the national lender to create the 19 th largest US bank ...
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Business Insider's personal finance team compared CIT Bank high-yield savings accounts to the best high-yield savings accounts and found them to be a standard offering. CIT Bank is the online division ...
Southern California’s banking landscape shifted again Monday when CIT Group Inc. completed its $3.4-billion purchase of Pasadena-based OneWest Bank. The deal is part of an exodus of bank ownership ...