Entries tagged "CIT Group Inc."

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Off the table

Filing for Chapter 11 with a prepackaged deal in hand or avoiding the courtroom altogether may be good for companies, but it's bad for the bankruptcy-related workload of restructuring firms.The reduction in work is evident in The Deal Pipeline's bankruptcy... Continue reading

Posted on August 24, 2011 5:34 PM

Marching orders

The EC demanded the asset sales, but ING chief Hommen made his own smart — and fast — moves, including a $9 billion sale of a U.S. online bank. Continue reading

Posted on June 24, 2011 1:10 PM

2009 no bonus year for CIT

John Thain-led CIT Group won't be issuing bonuses for 2009 with expected losses to come in at $4 billion. Continue reading

Posted on March 4, 2010 10:05 AM

Where have all the lenders gone?

Hobbled by the financial crisis, banks and nonbanks alike have all pulled back from funding middle-market deals. Here's a look at who might fill the void. Continue reading

Posted on November 13, 2009 2:58 PM

Back to plain vanilla?

CIT's high-growth units built up under Jeffrey Peek contributed to its collapse. Continue reading

Posted on November 13, 2009 2:55 PM

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