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CIT Group ( CIT ), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
Citicorp (1812–1985) Citibank, (formerly City Bank of New York) was chartered by the State of New York on June 16, 1812, with $2 million (~$41.9 million in 2022) of capital. [10] [11] Serving a group of New York merchants, the bank opened for business on September 14 of that year, [citation needed] and Samuel Osgood was elected as the first ...
Collective trust fund. Collective trust funds or Collective Investment Trusts (CITs) are a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund’s declaration of trust. [1] Typically, a collective trust pools assets from corporate and governmental ...
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CIT Serves as Lead Arranger in $26 Million Financing to Citizens Solar Holdings NEW YORK--(BUSINESS WIRE)-- CIT Group Inc. (NYS: CIT) cit.com, a leading provider of financing and advisory services ...
About CIT Bank. Founded in 2000, CIT Bank (Member FDIC) is the U.S. commercial bank subsidiary of CIT Group Inc. (NYS: CIT) . It provides lending and leasing to the small business, middle market ...
CITIC Group. CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. [2] Its headquarters are in Chaoyang District, Beijing. [3]
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