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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 ...
Shortly after the report's publication and a sharp drop in Citigroup's stock, Charles Prince resigned as the bank's CEO and his successor slashed the dividend. Earlier that year, Forbes magazine had listed Whitney as the second-best stock picker in the capital-market industry. Citigroup stock went on to lose 97% of its value by early 2009.
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 profit sharing, pension ...
Welcome to the Finance section, your ultimate source for all things money-related. Join us as we cover personal finance, investing, business news, and global economic trends. Stay up to date with ...
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Wilshire 5000 Index Investment Fund (WFIVX) This fund seeks to replicate the total return of the Wilshire 5000 Total Market Index, which includes about 3,500 stocks and is market-cap weighted ...
Art Fund sponsors the Museum of the Year award (known as the Gulbenkian Prize from 2003 to 2007 and the Art Fund Prize from 2008 to 2012). This is a £100,000 prize awarded annually to the museum or gallery that had the most imaginative, innovative or popular project during the previous year. [11]
Sanford I. Weill. Sanford I. "Sandy" Weill ( / waɪl /; born March 16, 1933) is an American banker, financier and philanthropist. [1] [2] He is a former chief executive and chairman of Citigroup. He served in those positions from 1998 until October 1, 2003, and April 18, 2006, respectively.
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