Aggregated News From Investment Management Regulators

Federal Reserve announces approval of application by First Citizens BancShares, Inc.

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The Federal Reserve Board on Friday announced its unanimous approval of the application by First Citizens BancShares, Inc., Raleigh, North Carolina, to acquire CIT Group, Inc., New York, New York.

Attached is the Board’s order relating to this action.

For media inquiries, please email [email protected] or call 202-452-2955.

This news item was originally published by the Federal Reserve Board (FRB US). For more information, please see the Source Link.

Regulator Information

Regulator Name: Federal Reserve System
Abbreviation: FRB US
Jurisdiction: United States

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