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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 ...
Saradha Group financial scandal. The Saradha Group financial scandal was a major political scandal caused by the collapse of a Ponzi scheme run by Saradha Group, a consortium of over 200 private companies that was believed to be running collective investment schemes popularly but incorrectly referred to as chit funds [1] [2] [3] in Eastern India.
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 ...
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 ...
In alternative investments, operational due diligence (ODD), is an investigation ( due diligence) into operational factors of alternative investment entities such as a hedge fund, private equity fund, or infrastructure fund. ODD has gained prominence over the past years due to the failure of hedge funds such as Amaranth Advisors and the Bayou ...
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]
Zero Hedge (or ZeroHedge) [a] is a far-right [13] libertarian [18] financial blog and news aggregator. [14] [15] [19] Zero Hedge is bearish in its investment outlook and analysis, often deriving from its adherence to the Austrian School of economics and credit cycles. [20] It has been described as a financial "permabear".
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