CIT Group Inc (CIT), a subsidiary of First Citizens BancShares Inc, is a provider of commercial finance, consumer banking, equipment finance, commercial services, real estate finance, and rail car lease and finance. Commercial finance includes lending, leasing, corporate banking, capital market services, advisory services, and treasury management. Consumer banking offers home loans, residential services, small business lending, and retail banking services. Equipment financing provides direct capital, finance for equipment manufacturers and franchisors. Commercial services include factoring, asset-based loans, supply chain finance, collateral-backed loans, and receivables management. Real estate finance offers senior secured commercial real estate, construction, and mortgage loans. Rail provides car lease and finance solutions for railcars, railroads, and shippers. CIT provides its services to small and middle-market companies through the branches of its bank, online banking, and direct marketing. The company has presence in Europe, Asia, and the Americas. CIT is headquartered in New York, the US.
Competitor Comparison
Key Parameters | CIT Group Inc | Bank of America Corp | SVB Financial Group | East West Bancorp Inc | PacWest Bancorp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Pasadena | Charlotte | Menlo Park | Pasadena | Beverly Hills |
State/Province | California | North Carolina | California | California | California |
No. of Employees | - | 213,000 | 8,553 | 3,206 | 2,438 |
Entity Type | Private | Public | Public | Public | Private |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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