Fifth Third Bank

Preparations Begin in Downtown Detroit for 2024 NFL Draft Presented by Bud Light

Retrieved on: 
Tuesday, March 26, 2024
Friends, National Football League Draft, Cadillac, City, Michigan Economic Development Corporation, Transport, DTE Energy, NFL Network, Phase 1, Fan service, Restaurant, NFL, General Motors, Penske Corporation, Columbia Street, ESPN, Huntington Bancshares, Flagstar Bank, Detroit Lions, The Development, ESPN Deportes, Detroit Partnership, State, ABC, Conscription, Development, W. K. Kellogg Foundation, Detroit Pistons, Theatre, Philip A. Hart Plaza, Knight Foundation, DDP, Football, Corktown, Corner Ballpark, DDOT, Rocket Mortgage, M-1 (Michigan highway), Smartphone, Fifth Third Bank, PNC Financial Services, RTA, Beacon Park, SMART, Nightclub

The announcement, marking 30 days before night one of the Draft on April 25, took place at the Development at Cadillac Square—formerly known as the Monroe Midway—the site of the NFL Draft Theater.

Key Points: 
  • The announcement, marking 30 days before night one of the Draft on April 25, took place at the Development at Cadillac Square—formerly known as the Monroe Midway—the site of the NFL Draft Theater.
  • During the media event, the City announced the first downtown street closures for the Draft, which is expected to attract hundreds of thousands of visitors and customers for downtown businesses.
  • “The Downtown Detroit Partnership’s ‘Draft Day in the D’ is free to fans, friends, and families who will be enjoying Detroit during Draft Weekend,” said Downtown Detroit Partnership CEO Eric B. Larson.
  • For more information on the NFL Draft presented by Bud Light, fans should visit nfl.com/draft/event-info and download the NFL OnePass app or on the web at NFL.com/DraftAccess .

Fifth Third and UNC Kenan Institute Launch “Empowering American Cities” Initiative

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Business, Other Professional Services, Finance, Consulting, Banking, Fifth Third Bank, Growth, Knowledge, UNC, Research, University, FITB, City, Snapshot, Heart, Gross domestic product, Multimedia, Privately held company, UNC Kenan–Flagler Business School, EMAS, Commercial bank, Management

Fifth Third (NASDAQ: FITB) today announced the launch of Empowering American Cities, the outcome of a collaborative relationship with the Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill.

Key Points: 
  • Fifth Third (NASDAQ: FITB) today announced the launch of Empowering American Cities, the outcome of a collaborative relationship with the Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill.
  • Empowering American Cities delivers relevant, local economic information tailored for business leaders looking to grow their operations.
  • Empowering American Cities provides individually created dashboards, based on the Kenan Institute research for all EMAs.
  • “Through this relationship, the Kenan Institute and Fifth Third Bank will advance information and knowledge about America’s local economies,” said Jeff Korzenik, Fifth Third Commercial Bank chief economist.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Monday, March 18, 2024
Bank of America, American Express, Citigroup, J. P. Morgan, Financial system, Bank, JPMorgan Chase, BNY Mellon, PNC, Morgan Stanley, Goldman Sachs, SunTrust Banks, Wells Fargo, Regions Financial Corporation, State Street Corporation, Fifth Third Bank

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05292 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05292 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

US Financial 15 Split Corp. Extends Termination Date

Retrieved on: 
Tuesday, March 12, 2024
Bank of America, American Express, Citigroup, J. P. Morgan, Financial system, Bank, JPMorgan Chase, BNY Mellon, PNC, Prospectus, Morgan Stanley, Goldman Sachs, Truist Financial, Wells Fargo, Regions Financial Corporation, State Street Corporation, Fifth Third Bank, Security (finance)

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.
  • In connection with the extension, the Company will have the right to amend the dividend entitlement of the FTU.PR.B Preferred Shares (“Preferred Shares”) effective December 1, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., Truist Financial Corp., U.S. Bancorp, and Wells Fargo & Co.
  • Please read the Company’s publically filed documents which are available at www.sedar.com .

Fifth Third Wealth Advisors Surpasses $1 Billion in Assets Under Management

Retrieved on: 
Friday, March 29, 2024
Banking, Asset Management, Professional Services, Finance, Fifth Third Bank, RIAS, AUM, Completeness, Financial adviser

In less than 18 months since announcing its launch, Fifth Third Bank’s independent Registered Investment Advisor, Fifth Third Wealth Advisors, has exceeded $1 billion in assets under management (AUM).

Key Points: 
  • In less than 18 months since announcing its launch, Fifth Third Bank’s independent Registered Investment Advisor, Fifth Third Wealth Advisors, has exceeded $1 billion in assets under management (AUM).
  • Fifth Third Wealth Advisors currently has seven teams serving clients across the country regardless of geographic location.
  • The national practice looks beyond the traditional Fifth Third regional boundaries and is not restricted by the Bank’s footprint when recruiting.
  • Housman says that Fifth Third Wealth Advisors hybrid model offers advisors the ability to take advantage of Fifth Third Wealth Advisors’ flexible investment management platform while also providing access to trust powers, credit and planning through Fifth Third.

J.D. Power Names Fifth Third Bank No. 1 for Retail Banking Experience in Florida

Retrieved on: 
Thursday, March 28, 2024
Banking, Professional Services, Finance, Trust, Study, Fifth Third Bank, Bank, J.D. Power

Power today named Fifth Third Bank No.

Key Points: 
  • Power today named Fifth Third Bank No.
  • 1 for Retail Banking Customer Satisfaction in Florida as part of its 2024 U.S. Retail Banking Satisfaction StudySM.
  • “I am immensely proud that Fifth Third has been recognized for the best customer satisfaction among consumer banks in Florida,” said Jamie Leonard, chief operating officer of Fifth Third.
  • The Bank opened 26 locations in Florida in the past two years and plans for an additional 25 by the end of 2025.

Fifth Third Bank Recognized Among 2024 Top Workplaces USA

Retrieved on: 
Wednesday, March 20, 2024
Banking, Professional Services, Finance, Fifth Third Bank, Culture, Organization, Workplace, Growth, Human

For the third consecutive year, Fifth Third Bank has earned a Top Workplaces USA award.

Key Points: 
  • For the third consecutive year, Fifth Third Bank has earned a Top Workplaces USA award.
  • The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets.
  • Over 42,000 organizations were invited to participate in the Top Workplaces USA survey.
  • Winners of the Top Workplaces USA list are chosen based solely on employee feedback gathered through an employee engagement survey issued by Energage.

Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience

Retrieved on: 
Tuesday, March 19, 2024
Finance, Data Analytics, Banking, Professional Services, Fintech, Fifth Third Bank, Intercontinental, Digital, RAP, Encompass, ICE, Housing, Intercontinental Exchange, Document automation, MSP

Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making.

Key Points: 
  • Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making.
  • Jay Plum, executive vice president and head of Mortgage for Fifth Third has played a leadership role in the bank’s digital mortgage initiative.
  • “At Fifth Third, we’re working to digitize the overall homebuying experience, giving our customers control, choice and transparency along the journey,” said Plum.
  • “Fifth Third is well known for its commitment to providing a premier digital mortgage experience,” said Tim Bowler, president of ICE Mortgage Technology.

Fifth Third Bancorp Announces Cash Dividends

Retrieved on: 
Monday, March 18, 2024
Banking, Professional Services, Finance, Fifth Third Bank, ARRC, Class, FITB, Security (finance)

Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.

Key Points: 
  • Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.
  • Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.35 per share for the first quarter of 2024.
  • Fifth Third also declared a cash dividend on its 4.50% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, at the rate of $281.25 per preferred share, which equates to approximately $11.25 for each depositary share.
  • Fifth Third also declared a cash dividend on its 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A (Nasdaq: FITBP), at the rate of $15.00 per preferred share, which equates to approximately $0.3750 for each depositary share.

Planet Home Lending Welcomes Andy Insua as Regional Sales Manager

Retrieved on: 
Thursday, March 28, 2024
Insúa, Flex, 2022–23 Feyenoord season, Phytoplasma, Family, Growth, Fifth Third Bank, Real estate

MERIDEN, Conn., March 28, 2024 /PRNewswire/ -- Planet Home Lending, a premier national mortgage lender, servicer, and asset manager, has hired Andy Insua as Regional Sales Manager for the Southeast. With a diverse financial services background in consumer finance, commercial banking, and mortgage banking, Insua is well-equipped to spearhead the expansion of Planet Home Lending's retail branch network in this key region.

Key Points: 
  • MERIDEN, Conn., March 28, 2024 /PRNewswire/ -- Planet Home Lending , a premier national mortgage lender, servicer, and asset manager, has hired Andy Insua as Regional Sales Manager for the Southeast.
  • With a diverse financial services background in consumer finance, commercial banking, and mortgage banking, Insua is well-equipped to spearhead the expansion of Planet Home Lending's retail branch network in this key region.
  • "Planet Home Lending is part of a fully integrated family of companies with a solid financial foundation, innovative products, and exceptional leadership," Insua said.
  • Planet Home Lending's suite of innovative home loan products targets the diverse needs of homebuyers in the Southeastern US.