NEW YORK — Jeffrey M. Peek plans to step down as CIT Group Inc.'s chairman and chief executive at the end of the year, underlining the uncertainty facing the beleaguered commercial lender as it ...

Amid reports that a prepackaged bankruptcy is likely, CIT Group (CIT) CEO Jeffrey Peek announced plans Tuesday morning to resign at the end of the year. It’s not clear who will replace Peek but CIT ...

NEW YORK, June 10 (Reuters) - A Manhattan federal judge ordered former CIT Group Inc Chief Executive Jeffrey Peek and other officers and directors to defend themselves against a class-action ...

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On Friday, Cit analysts forecasted that the Federal Reserve is poised to implement a series of interest rate cuts totaling 125 basis points (bps) by the end of the year. The firm anticipates a 25bps ...

NEW YORK (Reuters) - CIT Group Inc said Chief Executive Officer Jeffrey Peek plans to retire at the end of the year, as the commercial finance company struggles to avoid bankruptcy. The company, which ...