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Industry Center - Savings & Loans
Industry Center > Savings & Loans > CIT Group Inc. Company Profile
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CIT Group Inc. Company Profile
If you haven't heard of CIT Group, then you're O-U-T of the proverbial loop. On the big-business landscape for about a century, CIT is a commercial bank holding company that offers lending, leasing, debt restructuring, equipment financing, and advisory services to small and mid-sized businesses and to more than half of the "Fortune" 1000 in such industries as energy, health care, communications, entertainment, aerospace, and transportation. Its real estate services include mortgage, mezzanine debt, and net lease financing. CIT has more than $80 billion in assets and serves some one million clients in more than 50 countries around the world. The company filed for Chapter 11 bankruptcy protection in 2009.
Headlines for CIT Group Inc.
[external] UPDATE - US bankruptcies rise 33 pct in Q3, most since 2005
at Reuters - Wed Nov 25
[external] UPDATE - CIT Group CDS settle at 68.12 pct in auction
at Reuters - Fri Nov 20
[external] US CREDIT-Strong bank bid could squeeze CIT's CDS auction
at Reuters - Wed Nov 18
[external] UPDATE - CIT has $1.07 bln loss before bankruptcy
at Reuters - Mon Nov 16
More Headlines...
More on CIT Group Inc.
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Contact Information
Address: 505 5th Ave.
New York, NY 10017
Phone:212-771-0505
Fax:
Financial Highlights
Fiscal Year End:December
Revenue (2008):2959.40 M
Revenue Growth (1 yr):(-38.00%)
Employees (2008):4,995
Employee Growth (1 yr):(-25.40%)
Key People
Chairman and CEO: Jeffrey M. (Jeff) Peek
President and COO: Alexander T. (Alex) Mason
Vice Chairman and CFO: Joseph M. Leone
Industry Information
Sector: Financial
Industry: Savings & Loans
Top Competitors
Citigroup Inc. (c)
GE Commercial Finance
ORIX Corporation (ix)
 


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