New York

Basement Talk

That was the year that was Can you remember 1993? It was the year William Jefferson ‘Bill’ Clinton became the…

New aircraft lessor Falko eyes growth

The management team at newly launched aircraft asset manager Falko believe strong financial backing and long term commitment have unleashed…

CIT emerges from lightning bankruptcy

After just 38 days, New York headquartered SME lender CIT Group has emerged from bankruptcy. The company, founded in 1908,…

CIT applies for bank status to drive funds as key European staff members depart

The recent departures from CIT of some its European key staff have added fuel to the fire regarding the increasing…

CEO ‘disappointed’ over wider CIT losses

New York-based CIT posted wider losses in its fourth quarter results after putting aside more money for bad loans. The…

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