Fifth Third Bancorp (FITB)

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Fifth Third Bancorp News Release

A Collection of Fifth Third Bancorp News Release

Fifth Third Bancorp 2011 Corporate Social Responsibility Report: Insight, Innovation, Impact Now Available
Wednesday May 16th 2012 09:15:14 AM

CINCINNATI--(BUSINESS WIRE)--May. 16, 2012-- Fifth Third Bancorp (NASDAQ: FITB) has published its annual report on corporate social responsibility (CSR). It can be accessed as a website at www.53.com/csrreport and FSC-certified hard copies also are available in limited quantities. The report is titled, "Insight > Innovation > Impact," and demonstrates the ways in which Fifth Third Bank endeavors to be a good corporate citizen in the communities it operates. The Company works to make a positive impact through its service to: Consumers: The Bank strives to financially empower people of a...

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Fifth Third Bank to Partner with Roush Fenway Racing and Matt Kenseth for Sprint Cup Series Sponsorship
Monday May 14th 2012 10:30:04 AM

CINCINNATI--(BUSINESS WIRE)--May. 14, 2012-- Fifth Third Bancorp (Nasdaq: FITB) today announced a multi-year marketing partnership with Roush Fenway Racing, beginning this season with four races as the primary sponsor of Matt Kenseth’s No. 17 Ford Fusion in the NASCAR Sprint Cup Series. A similar number of races for the following years will be announced at a later date. Fifth Third will be the primary sponsor of Kenseth’s Ford at four Sprint Cup Series races in 2012 including: Sprint All Star Race in Charlotte, NC on May 19 Quaker State 400 in Sparta, KY on June 30 ...

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Fifth Third Bank Employees Provide 340,000 Meals to Fight Hunger; Fifth Third Day Marked by Fundraising, Food Collections
Friday May 4th 2012 01:40:04 PM

CINCINNATI--(BUSINESS WIRE)--May. 4, 2012-- Fifth Third Bancorp today announced that its 22,000 employees celebrated Fifth Third Day by providing more than 340,000 meals to fight hunger throughout its footprint. The Company had originally set a goal of raising funds and donating foodstuffs equivalent to 53,000 meals. Fifth Third Day is celebrated annually on May 3, 5/3 on the calendar. For more than 20 years, the Bank has used its holiday to recognize the contribution of its employees, thank its valued customers and support communities where it operates. This year marked the first that all 15 of the Company’s affiliat...

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Fifth Third Bancorp to Present at the UBS Global Financial Services Conference
Wednesday May 2nd 2012 01:43:18 PM

CINCINNATI--(BUSINESS WIRE)--May. 2, 2012-- Fifth Third Bancorp (Nasdaq: FITB) will present at the UBS Global Financial Services Conference on Tuesday, May 8, 2012 at approximately 8:40 AM (ET). Kevin T. Kabat, president and chief executive officer, will represent Fifth Third. Slides with audio webcast may be viewed live and for approximately 14 days after the conference through the Investor Relations section of www.53.com. Additionally, slides used in the presentation will be made separately available in a printer-friendly format on the Company’s website. Fifth Third Bancorp is a diversified financial ...

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Fifth Third Bancorp to Attend the 2012 RBC Capital Markets' Financial Institutions Conference
Tuesday April 24th 2012 02:24:16 PM

CINCINNATI, Apr 24, 2012 (BUSINESS WIRE) --Daniel T. Poston, executive vice president and chief financial officer of Fifth Third Bancorp (Nasdaq: FITB), will participate in a discussion regarding the Company at the 2012 RBC Capital Markets' Financial Institutions Conference on Tuesday, May 1, 2012 at approximately 12:30 PM (ET). Audio webcast may be accessed live and for approximately 14 days after the conference through the Investor Relations section of www.53.com. Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $117 billion in assets and operates 15 affiliates wi...

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Fifth Third Bancorp Announces First Quarter 2012 Net Income to Common Shareholders of $421 Million or $0.45 Per Share
Thursday April 19th 2012 06:32:24 AM

1Q12 net income available to common shareholders of $421 million, or $0.45 per diluted common share, vs. $305 million, or $0.33 per share, in 4Q11 and $88 million, or $0.10 per share in 1Q11 Included benefit of $115 million pre-tax (approximately $75 million or $0.08 per share after-tax), from gains associated with Vantiv, Inc's. initial public offering (IPO), as well as the previously disclosed $36 million estimated pre-tax charge (approximately $23 million after-tax, or $0.02 per share), from Vantiv debt termination-related charges recorded in equ...

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Fifth Third Bancorp Announces Results of Annual Meeting
Tuesday April 17th 2012 12:17:55 PM

CINCINNATI, Apr 17, 2012 (BUSINESS WIRE) --Fifth Third Bancorp (Nasdaq: FITB) has announced that its shareholders have re-elected the following directors at the Bancorp's Annual Meeting held earlier today at the Hyatt Regency Hotel in Cincinnati: Darryl Allen, retired chairman, CEO and president, Aeroquip-Vickers, Inc. B. Evan Bayh III, partner, McGuireWoods, LLP. Ulysses L. Bridgeman, Jr., owner and president, B.F. Companies. Emerson L. Brumback, retired president and COO, M&T Bank. James P. Hackett, president, CEO and director, Steelcase...

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Touchstone Assets to Grow to $13 Billion with Acquisition of Certain Fund Assets of Fifth Third Asset Management, Inc.
Thursday April 5th 2012 09:01:25 AM

CINCINNATI--(BUSINESS WIRE)--Apr. 5, 2012-- Fifth Third Bancorp and Touchstone Advisors, Inc. (Touchstone), a wholly owned subsidiary of Western & Southern Financial Group, announced today that Fifth Third Asset Management, Inc. (FTAM) and Touchstone have entered into an agreement under which Touchstone will be acquiring the assets of 16 mutual funds from FTAM. The acquisition is expected to increase Touchstone’s assets under management to $13 billion (pending Touchstone’s acquisition of selected assets of Old Mutual Asset Management's U.S. mutual fund business) and create new sub-advisory relationships with FTAM. The tra...

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Federated Investors, Inc. to Acquire Money Market Assets from Fifth Third Asset Management, Inc.
Thursday April 5th 2012 09:00:25 AM

CINCINNATI--(BUSINESS WIRE)--Apr. 5, 2012-- Federated Investors, Inc. (NYSE: FII), one of the nation’s largest investment managers, and Fifth Third Bank announced that a definitive agreement has been reached regarding the acquisition of certain assets relating to the management of Fifth Third money market funds. In connection with the acquisition, approximately $5 billion of money market assets will be reorganized from four Fifth Third money market funds into four existing Federated money market funds with similar investment objectives. The transaction is not expected to have a material impact on Fifth Third Bancorp’s results...

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Fifth Third Bancorp Updates Estimated Impact to Fifth Third of Vantiv, Inc. Initial Public Offering and Actions
Tuesday March 27th 2012 05:15:08 PM

CINCINNATI--(BUSINESS WIRE)--Mar. 27, 2012-- Fifth Third Bancorp (Nasdaq: FITB) today updated the following estimated effects to Fifth Third related to the recent actions of Vantiv, Inc. (NYSE: VNTV). The underwriters of Vantiv, Inc.’s previously announced initial public offering of common stock have exercised in full their option to purchase an additional 4,411,800 shares of Vantiv, Inc. Class A common stock at the public offering price of $17.00 per share. Vantiv, Inc., in turn, used a portion of the proceeds from this sale to purchase 2,086,064 Class B units of Vantiv Holding, LLC from Fifth Third. As a resu...

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