Shares of commercial lender CIT are falling as uncertainty mounts over whether it can get federal backing for its bonds.
Ahead of the Bell: CIT Group
Shares of CIT Group Inc. plummeted nearly 20 percent in premarket trading Tuesday, as the commercial lender delayed filing its quarterly report because of ongoing restructuring efforts as it...
CIT Group records $1.68 billion 2Q loss
Struggling commercial lender CIT Group says it lost $1.68 billion in the second quarter.
CIT Group adopts tax plan, signs deal with NY Fed
CIT Group Inc. and the Federal Reserve announced Thursday an agreement which gives the central bank greater oversight of the troubled commercial lender.
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