When CIT Commercial Services became a division of First Citizens Bank three years ago, the merger added a range of financial options — especially with its expertise in factoring. Since then, the ...

NEW YORK, June 5, 2023 /PRNewswire/ -- First Citizens Bank today announced that it has named noted commercial banking executive Jim Hudak as president of its CIT Commercial Finance group, a division ...

NEW YORK, July 30, 2024 /PRNewswire/ -- First Citizens Bank today announced that its CIT Commercial Services unit provided up to $48 million in financing to Crown Crafts Inc. (CRWS), one of America's ...

NEW YORK (Reuters) - CIT Group Inc said on Thursday it drew down $7.3 billion of bank lines to help fund daily operations, highlighting the commercial finance company's struggle to raise cash to pay ...