CIT Group is a bank holding company. Through its subsidiaries, Co. provides primarily commercial financing and leasing products and other services to small and middle market businesses across a range of industries. Co. operates principally in North America, with locations in Europe, Latin America and Asia. Co.'s principal products and services include secured lines of credit, factoring services, debt restructuring, credit protection, debt underwriting and syndication, and insurance services among others. Co. has the following business segments: Corporate Finance; Transportation Finance; Trade Finance; Vendor Finance; and Consumer. As of Dec 31 2011, Co. had total assets of $45.24 billion.
CIT — Key Stats (updated Friday, May 24, 10:25 AM)
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