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mega,bus
mega,bus asked in Business & FinancePersonal Finance · 1 decade ago

question since CIT is now bankrupt will that effect Citibank?

now CIT is bankrupt does that mean Citibank branches will now be closed

by the FDIC? like they did with Cal national?

and indy mac and wamu?

1 Answer

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  • Hoa N
    Lv 6
    1 decade ago
    Favorite Answer

    NO

    CIT and citibank is not related

    CIT is lending to small and medium size business

    Citibank is consumer lending business.

    CIT and citbank are not the same.

    If you want to check it out google on it

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