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 […]
Bank acquisition news : First-Citizens Bank & Trust, the owner of First Citizens Bank, has agreed to acquire Spartanburg-based First South Bancorp, the holding company of First South Bank, for $37.5 million. Established in 1996, First South Bank through four branch locations in Spartanburg, East Spartanburg, Greenville and Bluffton/Hilton Head offers banking services in South […]