Tag Archives: cit group


Fed orders CIT to submit capital plan

Reuters – The U.S. Federal Reserve has ordered CIT Group Inc, the cash-strapped corporate lender struggling to avoid bankruptcy, to submit a plan for raising capital and meeting debt obligations within 15 days. The order from the powerful regulator comes […]

What Hedge Funds Are Up to

Seeking Alpha – This is the latest edition in a new series of posts we’re doing here entitled, ‘hedge fund news summaries.’ And, as as the title obviously states, the goal is to give you the quick hits of everything […]

CIT may sell aviation-finance, rail-finance ops: report

Reuters – CIT Group Inc (CIT.N), which is looking at selling off some assets, is most likely to sell its aviation-finance and rail-finance operations, the Wall Street Journal said, citing sources familiar with the matter. The people, who said evaluations […]

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