CIT applies to become a bank holding company
CIT Group Inc., a leading commercial finance company, today announced that it has applied with the US Federal Reserve Board of Governors to become a bank holding company.
CIT Group Inc. cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today announced that it has agreed to acquire a commercial loan portfolio from Flagstar Bank, a wholly-owned subsidiary of Flagstar Bancorp, Inc..