First Citizens BancShares, parent company of First-Citizens Bank & Trust Company announced completion of its previously announced merger with CIT Group. North Carolina-headquartered First Citizens is now a top 20 U.S. financial institution (based on...
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January 04, 2022, 08:00 AM
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OneWest Bank, CIT Group Inc.'s Southern California branch bank, announced that Heather Ellison has joined the company as senior vice president and head of the retail branch banking channel. She succeeds Terri Decker, who has elected to retire in...
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December 08, 2017, 07:07 AM
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President Donald Trump announced on Monday that he plans to nominate Joseph Otting -- a veteran of the commercial lending industry -- as Comptroller of the Currency, a division of the Treasury Department.
Otting had a long career in financial...
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June 07, 2017, 08:00 AM
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CIT Group reported net income of $115 million for the quarter ended June 30, 2015, compared to net income of $247 million for the second quarter of 2014. Net income for the six month period ended June 30, 2015 was $219 million compared to $364...
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July 28, 2015, 07:48 AM
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sPower, a prominent renewable energy provider, and CohnReznick Capital Markets Securities (CRCMS), a leading boutique investment banking services firm, announced today the placement of $168.5 million in back leverage to sPower provided by KeyBank...
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April 23, 2015, 07:28 AM
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CIT Group Inc., today announced that it has entered into a definitive agreement and plan of merger with IMB Holdco LLC, the parent company of OneWest Bank N.A. (“OneWest Bank”), for $3.4 billion in cash and stock.OneWest Bank is a privately owned...
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July 22, 2014, 07:51 AM
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Eureka Hunter Pipeline, LLC, a majority-owned subsidiary of Magnum Hunter Resources Corporation, has closed on a new $117 million senior secured revolving credit facility. The aggregate commitment may be increased in the future to a principal amount...
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April 01, 2014, 07:28 AM
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ICV Partners announced that its portfolio company SAFE Security successfully completed the refinancing of its existing senior credit facility with a new $130 million debt facility led by Bank of America. The new credit facility, $55 million more than...
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March 11, 2013, 08:02 AM
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