CIT集團(CIT Group Inc)
CIT（NYSE：CIT）是一家銀行控股公司，擁有600多億美元的金融與租賃資產。 100多年以來，CIT提供貸款、咨詢和租賃服務給小型和中型市場 企業，並使它們獲得了無可比擬的業內專業知識。CIT的總部位於紐約市，是一家躋身財富500強的公司。
公司理財是中小型貿易級貸款（低於15000萬美元）前10名的領先策劃公司，共擁有3000多個客戶。業務包括商業與產業, 通訊、傳媒和娛樂, 能源, 醫療保健, 投資銀行服務，和小企業貸款.
供應商融資 是美國名列第1的獨立租賃公司，服務的商務終端客戶包括小企業到財富500強公司，數量多達500,000多家。借多種優勢及 技術和辦公設備 公司來維護客戶關係，這些公司可以提供值得信賴的企業設備租賃。
我們的專業團隊不僅瞭解金融產業而且也瞭解您的產業 - 並且這將引領您的公司邁向成功。 我們在提供企業融資解決方案方面的豐富經驗，使CIT具有為您的企業提供適當融資服務的實力。
Whether you need help improving business cash flow, acquiring new business, refinancing debt or restructuring, CIT Corporate Finance will work with you to meet your immediate and long-term financing needs.
CIT Transportation Finance works with manufacturers, dealers and brokers to provide you with the widest possible selection of transport vehicles and flexible financing options. 我們的專長涉及鐵路和航空，在這個領域里我們管理著由300多架飛機組成的機隊。
CIT Vendor Finance（CIT供應商融資）針對全球範圍不同產業的設備製造商、販賣商、供應商和經銷商提供全面的融資服務、個性化項目、銷售規劃支持、投資組合購買、以及免稅市政融資服務。
- CIT Bank（CIT銀行）
CIT Bank is chartered by the state of Utah and regulated by the Utah Department of Financial Institutions and the FDIC. CIT Bank has an independent Board of Directors that guides its activities. CIT Bank raises deposits to fund its lending activities, currently by issuing CDs through various investment channels.
無論您是個人還是一家正在發展的中間市場型企業，CIT Global Insurance Services（CIT全球保險服務）都可以滿足您所有的保險需求
Entrance to headquarters at 505 Fifth Avenue in New York
On February 11, 1908, Henry Ittleson founded the Commercial Credit and Investment Company in St. Louis, Missouri.
In 1915 it moved to New York City and renamed itself Commercial Investment Trust and went by the initials of C.I.T. It remains in New York City today. By that time, the company provided financing for wholesale suppliers and producers of consumer goods. The company added automobile financing to its product line in 1916, through an agreement with Studebaker, the first of its kind in the auto industry. During World War I, CIT financed the manufacture of 150 submarine chasers. It also added consumer financing of radios through an agreement with Thomas Edison
, Inc. During the Roaring 20s following the war, consumer spending rose dramatically and CIT prospered in its consumer appliance, furniture, and automobile financing groups. In 1924, CIT incorporated in Delaware and listed itself on the New York Stock Exchange. CIT entered the field of factoring in 1928 and expanded operations into Europe in 1929.
With international tensions rising prior to World War II, CIT closed its German operations in 1934. Arthur O. Dietz succeeded Ittleson as president of the company in 1939. During the war, CIT offered its 2000 employees a month's bonus, life insurance, and a guaranteed job on return if they served in the armed forces. From 1947 to 1950, the company's net income rose from $7.3 million to $30.8 million — $273 million in recent terms. Ittleson died at age 77 on October 27, 1948.
The company moved into a new building at 650 Madison Avenue in Manhattan in 1957. In 1960, Walter Lundell succeeded Dietz as president of the company. Five years later, in 1959, the company passed $100 billion ($1 trillion in recent terms) in financing volume since its founding. The Vietnam War racial turmoil of the 1960s resulted in CIT making changes to its business. In 1969, CIT entered the personal and home equity loan and leasing business and left auto financing. In 1979, restrictive banking rules forced CIT to sell its bank, National Bank of North America. CIT was acquired by RCA Corporation in 1980. RCA promptly sold CIT's four manufacturing businesses: Picker, Gibson, All-Steel, and RACO. The Madison Avenue building was sold in 1982 as the company moved to a newly-constructued headquarters facility in Livingston, New Jersey in 1983. The address of the new headquarters was 650 CIT Drive, after the old 650 Madison Avenue address.
In 1984, CIT was sold to Manufacturers Hanover Trust. In 1989, Manufacturers Hanover Trust sold sixty percent of CIT to Dai-Ichi Kangyo Bank of Japan. As Dai-Ichi Kangyo Bank ran into troubles within its core operations, it sold off non-core assets, including CIT, which in 1997 was carved out as a separate company and re-listed on the New York Stock Exchange.
In 1999, CIT acquired Toronto-based Newcourt Credit Group Inc. for approximately US$4 billion to create one of the largest publicly-owned leasing companies. CIT over-paid for Newcourt, and merger integration troubles forced CIT to draw upon emergency credit facilities with several banks to avoid bankruptcy. As other funding sources dried up, CIT was forced to sell itself to Tyco International Ltd. in June 2001. CIT became the principal operating subsidiary of Tyco's Tyco Capital business. CIT's Livingston address was changed to 1 Tyco Drive.
Tyco ran into its own operating troubles and sold or spun-off non-core opeerations, including CIT. On July 8, 2002 Tyco completed its divestment of its Tyco Capital business through an initial public offering IPO, via the sale of 100% of the common shares in CIT Group Inc. As an independent public company, CIT changed its Livingston address to 1 CIT Drive from 1 Tyco Drive.
CIT moved its global headquarters back to New York City, opening a brand-new headquarters in 2006 across from the New York Public Library. Its headquarters were last in New York city in 1983. CIT retained its Livingston campus as its corporate headquarters.
On July 1, 2008, CIT Group announced that it will be selling its home lending division to Lone Star Funds for $1.5 billion in cash in addition to the $4.4 billion in debt the company currently holds. CIT will concentrate on its commercial pursuits due to the decline in housing and mortgage markets of the past year. They also plan to sell their manufactured housing portfolio Vanderbilt Mortgage and Finance Inc. for approximately $300 million, although it holds a value of $470 million.
In 2008, CIT Group became a bank holding company in order to qualify for, and ultimately receive $2.3 billion in Troubled Asset Relief Program (TARP) funds.
On July 13, 2009, Bloomberg TV reported that CIT was asking for FDIC loan guarantees.
On July 15, the common stock of CIT was halted on the NYSE during trading hours with "News Pending". At 6:03 p.m. a press release was issued on the company's website[page needed] stating that talks of a government bailout was unlikely. The company had been advised that "no appreciable likelihood of additional government support being provided over the near term." CIT announced that it believed it was unlikely that it would receive further funding from the federal government, and CIT Group came very close to declaring bankruptcy. It was rescued in a US$3 billion deal on 19 July 2009, via an agreement with the bondholders group, which included Pacific Investment Management Company (PIMCO) and some other top CIT holders.
On July 20, 2009, CIT Group escaped bankruptcy by securing a $3 billion loan from bondholders, and said it plans a comprehensive restructuring of its liabilities.
On September 30, 2009, in its continuing struggle to avoid banktruptcy, CIT Group was reported to be in negotiations with Citigroup Inc., Barclays Capital, and its bondholders to secure rescue financing to comply with its filing to find a plan “acceptable” to the majority of a bondholder steering committee that provided it with the emergency cash by Oct. 1.
On Sunday, 1 November 2009, CIT Group filed for Chapter 11 bankruptcy protection. It filed in the United States Bankruptcy Court for the Southern District of New York along with CIT Group Funding Company of Delaware LLC.