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CIT Group. 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 ...
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
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 ...
The hedge fund manager famously bet against the U.S. housing market in 2008 and won big — a move that was depicted in the hit movie “The Big Short.” Since then his investments have been ...
Some of the companies making headlines today: Bank of America Corp. (BAC) is set to appoint an "emergency" CEO in case legal troubles force the controversial Kenneth Lewis to step down early.
American Airlines stock is getting hit in midday trade after the company announced the departure of Vasu Raja, its chief commercial officer, and issued revised guidance that was a huge letdown for ...
FirstBank Holding Co: Lakewood, Colorado: $28 N/A N/A 76 Glacier Bancorp: Kalispell, Montana: $28 $4.58 GBCI 77 Arvest Bank: Bentonville, Arkansas: $28 N/A N/A 78 Beal Bank: Plano, Texas: $28 N/A N/A 79 Fulton Financial Corporation: Lancaster, Pennsylvania: $27 $2.70 FULT 80 Simmons Bank: Pine Bluff, Arkansas: $27 $2.48 SFNC 81 United Community ...
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation incorporated in Delaware and headquartered in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002.