Cit news and trends

IPO/SPAC Announcements Get a Boost from Paytm and Presto 
IPO // November 12, 2021

IPOs and SPAC announcements in the banking sector this year to date have totaled 61, followed by firms that are engaged in transforming the way companies’ workflows operate (the “work”) segment, at 48.  The activity was decidedly international in scope.  Payments firms follow, with 36...

Quick Reads
CIT Invests $52M in Globus Maritime

August 25, 2022
CIT — a division of First Citizens Bank — said its maritime finance business has upped its financing for Globus Maritime Limited by $18 million. According to a Thursday (Aug. 25) news release, this increase in lending expands CIT’s relationship with Globus Maritime and raises CIT’s financing to the company to $52.25 million. That funding […]