Fifth Third Bancorp
Fifth Third Bancorp
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.
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While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.
July 19 -
An uptick in lending helped to offset declines in both service charges and mortgage banking fees at the Cincinnati company.
July 19 -
Level One Bank in Farmington, Mich., has hired a team of mortgage bankers from MB Financial, which previously announced it was shutting down this business line.
July 10 -
After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees.
July 9 -
Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks.
July 2 -
The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.
June 28 -
Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit.
June 25 -
The Cincinnati bank is following a wider industry strategy of opening new branches in faster-growth, urban markets.
June 25 -
M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come?
June 25 -
Holding multiple face-to-face meetings with executives from MB Financial helped Fifth Third land the Chicago company for a lower price than another suitor offered.
June 22