American Banker

First Citizens says its CIT acquisition is past the headache stage

First Citizens BancShares in Raleigh, North Carolina, said its long-awaited integration of CIT Group in New York is progressing smoothly after the deal was delayed for several months last year amid ...
Business Insider

First Citizens BancShares, Inc. and CIT Group Inc. Announce Transformational Partnership to Create a Top-Performing Commercial Bank

Creates diversified deposit strategy with First Citizens’ 550+ retail banking locations in key growth MSAs, including throughout the Southeast, and CIT’s rapidly growing homeowner association business ...
American Banker

First Citizens, CIT extend deadline for closing $2.2 billion merger

First Citizens BancShares in Raleigh, North Carolina, and CIT Group in New York said late Thursday that they are extending the deadline for closing their $2.2 billion merger by more than four months ...
Winston-Salem Journal

First Citizens completes $2.16B purchase of CIT Group

First Citizens BancShares Inc. said Tuesday that it has completed its $2.16 billion purchase of CIT Group Inc. of New York. It is the largest deal in First Citizens’ 122-year history. First Citizens ...
equities

CIT Group Merges with First Citizens Forming 19th Largest US Bank with $100B in Assets

Shares of CIT Group traded 25% higher after the company reported it entered into a definitive agreement to merge with First Citizens BancShares in an all stock deal. Prior to the opening of U.S.