Fifth Third Bank

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  • 10/22/2019
    Conference, Earnings, Webcast

Latest Financial News

August 14, 2019
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) announced today that Fifth Third Securities Inc. has hired Timothy Beach, Ari Citrin and Oliver Janssen as managing directors to lead its new Renewable Energy Investment Banking Group. “The creation of a dedicated group to offer M&A and capital markets advisory services for the renewable energy industry adds to the capabilities, services and expertise established by our Renewable Energy Finance Group led by Eric Cohen,” said Lars Anderson, executivemore...
August 09, 2019
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that it has submitted a redemption notice to the trustee for redemption on September 23, 2019, of all the outstanding trust preferred securities issued by MB Financial Capital Trust III. MB Financial Capital Trust III securities (no CUSIP) have a current distribution rate of 3 month LIBOR plus 1.50 percent and a scheduled maturity date of September 23, 2036, although they may be redeemed on any interest paymentmore...
August 06, 2019
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp today announced it will raise its minimum wage to $18 per hour for approximately 4,900 employees beginning Oct. 28. The increase recognizes the contributions of employees in driving not only the Bank’s success, but also the success of its customers. “We’re pleased to invest in the people who, every day, deliver banking that is a Fifth Third better,” said Chairman, President and CEO Greg D. Carmichael. “A competitive compensation and benefitsmore...

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