CIT Group

CIT Group (CIT) is a banking institution based in Livingston, New Jersey. Established in 1908 by Henry Ittleson, the bank provides a set of finance and leasing products and services worldwide. Its products and services primarily include corporate finance, trade finance, transportation finance, vendor finance, banking, and insurance services. The corporate finance arm provides lending, leasing and other financial and advisory services and solutions to middle-market companies, including those in industries such as healthcare, energy, and communications, media and entertainment. Its principal bank subsidiary, CIT Bank. The assets of the bank are managed by the board of directors.