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<title><![CDATA[RSS for CIT Group]]></title>
<description><![CDATA[Watch breaking news videos and read news updates about CIT Group on FOXBusiness.com.]]></description>
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<title><![CDATA[CIT Group Executive Votek Joining Annaly as Chief Administrative Officer]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/20/cit-group-executive-votek-joining-annaly-as-chief-administrative-officer/?]]></link>
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<pubDate><![CDATA[Mon, 20 May 2013 18:01:52 EDT]]></pubDate>
<description><![CDATA[Longtime CIT Group Inc. (CIT) executive Glenn Votek has left the business lender and is joining Annaly Capital Management Inc. (NLY), a real-estate investment trust, to become chief administrative officer.]]></description>
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<title><![CDATA[CIT Posts Net Income of $162M in 1Q]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/04/23/cit-posts-net-income-162m-in-1q/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/04/23/cit-posts-net-income-162m-in-1q/</guid>
<pubDate><![CDATA[Tue, 23 Apr 2013 07:49:40 EDT]]></pubDate>
<description><![CDATA[The small-business lender reported a lower-than-expected quarterly profit due to a 17% drop in its interest income.]]></description>
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<title><![CDATA[Business Borrowing for Equipment Jumps]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/23/business-borrowing-for-equipment-jumps-45-percent-in-march-elfa/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/23/business-borrowing-for-equipment-jumps-45-percent-in-march-elfa/</guid>
<pubDate><![CDATA[Tue, 23 Apr 2013 07:09:31 EDT]]></pubDate>
<description><![CDATA[Companies signed up for $6.8 billion in new loans, leases and lines of credit last month, up 45% from February]]></description>
<media:thumbnail>http://global.fncstatic.com/static/managed/img/fb2/news/manufacturing-autoworker.jpg</media:thumbnail>
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<title><![CDATA[Insight - A casualty of the financial crisis: The corporate palace]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/04/insight-casualty-financial-crisis-corporate-palace/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/04/insight-casualty-financial-crisis-corporate-palace/</guid>
<pubDate><![CDATA[Mon, 04 Mar 2013 03:02:01 EST]]></pubDate>
<description><![CDATA[In the past year, defense company SAIC Inc has shrunk the office space it either owns or leases by 306,000 square feet (28,428 sq meters), the size of about five football fields.]]></description>
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<title><![CDATA[Discover Adds Checking Accounts in Race for Deposits]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/27/discover-adds-checking-accounts-in-race-for-deposits3214/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/27/discover-adds-checking-accounts-in-race-for-deposits3214/</guid>
<pubDate><![CDATA[Wed, 27 Feb 2013 15:37:32 EST]]></pubDate>
<description><![CDATA[Discover Financial Services (DFS) is adding checking accounts to its array of financial-services products as it looks to leverage its national credit-card brand to take on branch banks.]]></description>
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<title><![CDATA[Discover Adds Checking Accounts in Race For Deposits]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/27/discover-adds-checking-accounts-in-race-for-deposits/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/27/discover-adds-checking-accounts-in-race-for-deposits/</guid>
<pubDate><![CDATA[Wed, 27 Feb 2013 09:40:40 EST]]></pubDate>
<description><![CDATA[Discover Financial Services (DFS) is adding checking accounts to its array of financial-services products as the credit-card lender continues to build out its online bank.]]></description>
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<title><![CDATA[U.S. hedge funds sour on Apple; favor dollar stores]]></title>
<link><![CDATA[http://www.foxbusiness.com/technology/2013/02/14/us-hedge-funds-sour-on-apple-favor-dollar-stores/?]]></link>
<guid>http://www.foxbusiness.com/technology/2013/02/14/us-hedge-funds-sour-on-apple-favor-dollar-stores/</guid>
<pubDate><![CDATA[Thu, 14 Feb 2013 17:18:14 EST]]></pubDate>
<description><![CDATA[Hedge fund heavyweights from Leon Cooperman's Omega Advisors to Barry Rosenstein's Jana Partners threw in the towel on Apple Inc in the fourth quarter, while other managers found discount retailers Dollar General Corp and Dollar Tree Inc attractive, regulatory filings showed on Thursday.]]></description>
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<title><![CDATA[Exclusive: CIT has explored possible sale - sources]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/08/exclusive-cit-has-explored-possible-sale-sources/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/08/exclusive-cit-has-explored-possible-sale-sources/</guid>
<pubDate><![CDATA[Fri, 08 Feb 2013 13:58:56 EST]]></pubDate>
<description><![CDATA[CIT Group Inc had preliminary talks over the past year and a half to sell itself to banks, including Toronto-Dominion Bank and Wells Fargo & Co , but nothing came of the conversations, according to three people familiar with the specialty finance company.]]></description>
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<title><![CDATA[NTSB Steps Up Boeing 787 Battery Probe]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/01/29/ntsb-steps-up-boeing-787-battery-probe/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/01/29/ntsb-steps-up-boeing-787-battery-probe/</guid>
<pubDate><![CDATA[Tue, 29 Jan 2013 19:45:07 EST]]></pubDate>
<description><![CDATA[U.S. air-safety investigators Tuesday said they are stepping up microscopic and chemical examinations of the lithium-ion battery that caught fire aboard a parked Japan Airlines Co. (9201.TO) Boeing 787 three weeks ago, still seeking to determine whether internal defects may have played a role in the blaze.]]></description>
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<title><![CDATA[CIT Places Firm Order for 10 Airbus A350 XWB Aircraft]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/01/03/cit-places-firm-order-for-10-airbus-a350-xwb-aircraft/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/01/03/cit-places-firm-order-for-10-airbus-a350-xwb-aircraft/</guid>
<pubDate><![CDATA[Thu, 03 Jan 2013 09:11:47 EST]]></pubDate>
<description><![CDATA[U.S.-based bank holding company CIT Group Inc. (CIT) has signed an order for 10 Airbus A350-900 aircraft, the aircraft maker said Thursday.]]></description>
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<title><![CDATA[Consumer, Business Borrowers to Take Hit Regardless of 'Cliff' Deal]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/12/31/consumer-business-borrowers-to-take-hit-regardless-cliff-deal/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/12/31/consumer-business-borrowers-to-take-hit-regardless-cliff-deal/</guid>
<pubDate><![CDATA[Mon, 31 Dec 2012 15:32:50 EST]]></pubDate>
<description><![CDATA[Consumers and business will take a financial hit regardless of whether Congress finalizes a deal addressing the so-called "fiscal cliff," as taxes appear certain to rise for many Americans under any plan, experts say.]]></description>
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<title><![CDATA[CIT Loss Widens on Debt Repayment Costs in 3Q]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2012/10/23/cit-loss-widens-on-debt-repayment-costs-in-3q/?]]></link>
<guid>http://www.foxbusiness.com/industries/2012/10/23/cit-loss-widens-on-debt-repayment-costs-in-3q/</guid>
<pubDate><![CDATA[Tue, 23 Oct 2012 07:45:25 EDT]]></pubDate>
<description><![CDATA[The lender's net loss widened to $305 million as it took a charge of $471 million related high cost debt.]]></description>
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<title><![CDATA[Report: Amazon Gets into Online Lending]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2012/09/27/report-amazon-gets-into-online-lending/?]]></link>
<guid>http://www.foxbusiness.com/industries/2012/09/27/report-amazon-gets-into-online-lending/</guid>
<pubDate><![CDATA[Thu, 27 Sep 2012 17:47:46 EDT]]></pubDate>
<description><![CDATA[Amazon is reportedly launching a new program in which it will offer loans to some of its online sellers.]]></description>
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<title><![CDATA[Thain's Uphill Battle]]></title>
<link><![CDATA[http://video.foxbusiness.com/v/1864560780001/thains-uphill-battle/?]]></link>
<guid>http://video.foxbusiness.com/v/1864560780001/thains-uphill-battle/</guid>
<pubDate><![CDATA[Thu, 27 Sep 2012 14:36:29 EDT]]></pubDate>
<description><![CDATA[FBN's Charlie Gasparino breaks down the latest on John Thain's efforts to sell CIT.]]></description>
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<title><![CDATA[Thain May Have Trouble Unloading CIT]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2012/09/27/thain-may-have-trouble-unloading-cit/?]]></link>
<guid>http://www.foxbusiness.com/industries/2012/09/27/thain-may-have-trouble-unloading-cit/</guid>
<pubDate><![CDATA[Thu, 27 Sep 2012 13:06:41 EDT]]></pubDate>
<description><![CDATA[John Thain will have an uphill battle selling the CIT Group anytime soon, particularly to a big U.S. bank, and it has nothing to do with the décor of his office.]]></description>
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<title><![CDATA[Looking for a Comeback, Thain Shopping CIT Group]]></title>
<link><![CDATA[http://www.foxbusiness.com/business-leaders/2012/09/24/thain-shopping-cit-group-around/?]]></link>
<guid>http://www.foxbusiness.com/business-leaders/2012/09/24/thain-shopping-cit-group-around/</guid>
<pubDate><![CDATA[Mon, 24 Sep 2012 15:03:28 EDT]]></pubDate>
<description><![CDATA[CIT Group CEO John Thain, former head of Merrill Lynch, has been quietly shopping the firm to a larger player with the goal of selling, possibly to a big bank, and emerging as a candidate to run the bigger company, sources say.]]></description>
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<title><![CDATA[Gasparino: John Thain Shopping CIT]]></title>
<link><![CDATA[http://video.foxbusiness.com/v/1858874236001/gasparino-john-thain-shopping-cit/?]]></link>
<guid>http://video.foxbusiness.com/v/1858874236001/gasparino-john-thain-shopping-cit/</guid>
<pubDate><![CDATA[Mon, 24 Sep 2012 14:45:22 EDT]]></pubDate>
<description><![CDATA[FBN's Charlie Gasparino on John Thain's efforts to sell CIT.]]></description>
<media:thumbnail>http://video.foxbusiness.com/thumbnails/092412/640/360/092412_fb_gasparino.jpg</media:thumbnail>
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<title><![CDATA[Analyst: Wells Fargo Should Snatch Up CIT Group for $10.5B]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2012/09/24/analyst-wells-fargo-should-snatch-cit-group-for-105b/?]]></link>
<guid>http://www.foxbusiness.com/industries/2012/09/24/analyst-wells-fargo-should-snatch-cit-group-for-105b/</guid>
<pubDate><![CDATA[Mon, 24 Sep 2012 13:30:46 EDT]]></pubDate>
<description><![CDATA[Already the No. 4 U.S. bank, Wells Fargo should consider expanding by acquiring rejuvenated commercial lender CIT Group for more than $10 billion, an analyst said on Monday.]]></description>
<media:thumbnail>http://global.fncstatic.com/static/managed/img/fb2/news/CIT-Group.jpg</media:thumbnail>
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<title><![CDATA[Ally Bank Prepares Marketing Revamp in Fight for Deposits]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/09/04/ally-bank-prepares-marketing-revamp-in-fight-for-deposits/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/09/04/ally-bank-prepares-marketing-revamp-in-fight-for-deposits/</guid>
<pubDate><![CDATA[Tue, 04 Sep 2012 14:14:40 EDT]]></pubDate>
<description><![CDATA[Ally Financial Inc.'s online bank is preparing a new advertising blitz as it fends off a growing field of Web competitors, its first new campaign since the departure of the lender's top marketing chief last month.]]></description>
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<title><![CDATA[Are the Gains from Junk Bonds Worth the Risk?]]></title>
<link><![CDATA[http://video.foxbusiness.com/v/1811090831001/are-the-gains-from-junk-bonds-worth-the-risk/?]]></link>
<guid>http://video.foxbusiness.com/v/1811090831001/are-the-gains-from-junk-bonds-worth-the-risk/</guid>
<pubDate><![CDATA[Tue, 28 Aug 2012 16:48:53 EDT]]></pubDate>
<description><![CDATA[Loomis Sayles Bond Fund Co-Manager Kathleen Gaffney and Vanguard Chief Economist Joe Davis debate the benefits and risks of investing in junk bonds.]]></description>
<media:thumbnail>http://video.foxbusiness.com/thumbnails/082812/640/360/082812_closing_gaffney2.jpg</media:thumbnail>
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