CIT Group provides funding, financial backing and commercial lending to small business and start-up companies. They are a publicly traded company on the New York Stock Exchange under the ticket symbol CIT.
The symbol for CIT Group Inc (DEL) in the NYSE is: CIT.
As of July 2014, the market cap for CIT Group Inc (DEL) (CIT) is $9,449,640,967.25.
The CIT in CIT Group stands for Commercial Investment Trust, which was an early name for the group. This Fortune 500 Company was founded in 1908, and is headquartered in New York City, NY.
CIT Group was created in 1908.
No. CIT and Citi Group are not the same companies nor are they related entities. In fact, they are competitors.. CIT is (or was) Commercial Investment Trust
Commercial Investment Trust
CIT = Was previously Commercial Investment Trust, which was originally Commercial Credit and Investment Company.
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CIT Group is a lending firm, mainly for small businesses. They were founded in New York in 1908.
The financial offer CIT stands for Commercial Investment Trust. Which means that you must have trust with, and in your investor to make lots of money.