CIT Group Inc. is a financial holding company incorporated in Delaware and headquartered in Pasadena, California, in the United States. The company's name is an abbreviation of an early corporate name, Commercial Investment Trust. It provides financing and leasing capital to customers in over 30 industries. CIT also operates CIT Bank.
The company is ranked 550th on the Fortune 1000 list of the largest American companies and is on the list of largest banks in the United States.
Subject ID: 13418
MoreCIT Group Inc. is a financial holding company incorporated in Delaware and headquartered in Pasadena, California, in the United States. The company's name is an abbreviation of an early corporate name, Commercial Investment Trust. It provides financing and leasing capital to customers in over 30 industries. CIT also operates CIT Bank.
The company is ranked 550th on the Fortune 1000 list of the largest American companies and is on the list of largest banks in the United States.
CIT filed for bankruptcy protection on November 1, 2009, and with the consent of its bondholders, emerged from bankruptcy 38 days later, on December 10, 2009.
Subject ID: 13418
Subject ID: 13418