First Citizens BancShares to acquire rival US bank firm CIT Group
First Citizens BancShares, the parent company of First-Citizens Bank & Trust, has signed a $2.2 billion deal to acquire CIT Group, the parent company of CIT Bank, in a move to create the 19th largest bank in the US on the basis of assets under management. While First Citizens BancShares is headquartered in Raleigh, North […]