Jeffrey Peek

Jeffrey Peek, CIT Group CEO, Plans To Resign

AP | STEPHEN BERNARD | Posted 10.13.2009 | Business


NEW YORK — CIT Group Inc., struggling as it continues efforts to restructure its debt, said Tuesday chairman and CEO Jeffrey M. Peek will resign...

CIT Denied Bailout, Bankruptcy Likely

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 08.16.2009 | Business


NEW YORK — Denied a federal bailout, CIT Group Inc. said late Thursday its board and management continue to seek alternatives to shore up the co...

CIT Group: Washington Considers If Lender Is 'Too Big Too Fail'

nytimes.com | JULIE CRESWELL and STEPHEN LABATON | Posted 08.14.2009 | Business


The CIT Group is one of the nation's biggest lenders to small businesses. But a debate is swirling in Washington over whether it is large enough -- or...

CIT CEO Jeff Peek Pushed Company Into Risky Subprime Bets

bloomberg.com | Ari Levy and Linda Shen | Posted 08.14.2009 | Business


July 14 (Bloomberg) -- CIT Group Inc. Chief Executive Officer Jeffrey Peek moved from a New Jersey office complex to a 28-story glass tower on Manhatt...