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Largest single investment in CDFI's 20-year history will be used to benefit low-income and underserved communities in Southern California
Inaugural CIT Cares Month mobilizes nearly 1,700 employees across 13 locations to give back
Awarded by the Equipment Leasing and Finance Association for innovation in small business financing
Company to divest last remaining overseas business and focus on core operations
The Oracle of Omaha isn't the only investor likely to benefit from Federal Reserve stress-test results, but his gains will be measured in the billions.
Plan includes common equity dividends and share repurchases
Bank On It: Biggest U.S. Lenders Pass Fed's Stress Tests
U.S. stock futures turn lower on Friday, European stocks fal and Asian shares finish the session mixed as investors digest an assortment of global data and oil prices stabilize.
Morgan Stanley, Goldman Sachs and State Street clear thresholds - but barely
The second piece of the annual reviews determines how much banks can spend on dividends and stock buybacks.
Banks that find themselves on the cusp of certain regulatory thresholds could be big winners under the Trump Treasury Department.
The central bank governor said he was "stunned" during his first months at the Fed, adding that regulators shouldn't detach stress tests from limits on stock buybacks and dividends.
Proceeds will fund significant capital return to shareholders and liability management actions to enhance shareholder value
JV partner Tokyo Century Corporation purchased stake in full
JV partner Tokyo Century Corporation will become sole owner of aviation entities
Grant supports counseling to seniors who are, or may become, in default of their reverse mortgage
Levi & Korsinsky announces it has commenced an investigation of CIT Group Inc.
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