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Fifth Third Bancorp


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Can someone explain why Fifth Third started taking brokered home equity loans?

Recently I chatted with Fifth Third management. Fifth Third started taking brokered home equity loans late 2006. They took 2.7 billion of them. They took loans out-of-footprint (that is where they had no branches). They also took 900 million of them. The loss-given-default (severity) of the home equity loans is rapidly approaching 100 percent on the whole portfolio but the default rate for the brokered...

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Fifth Third stock climbs

Fifth Third Bancorp's stock is starting to work its way out of the deep hole it dug for itself.

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Fifth Third rolls out World Elite MasterCard

A division of Fifth Third Bancorp. has launched World Elite MasterCard. (FITB)

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Fifth Third stock climbs

Fifth Third Bancorp's stock is starting to work its way out of the deep hole it dug for itself.

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Fifth Third Private Bank unveils new credit card

Fifth Third Private Bank has launched World Elite MasterCard, a premium credit card for its elite affluent clients. The new card offers cardholders a mix of travel benefits, including airline, cruise, and hotel benefits.

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Fifth Third unit launches World Elite MasterCard

A division of Fifth Third Bancorp., which recently bought First Charter Corp. of Charlotte, has launched World Elite MasterCard. (FITB)

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Infoblox : Fifth Third Bank Deploys Infoblox for Essential DNS and DHCP Services

SANTA CLARA, CA (MARKET WIRE) Infoblox Inc. today announced that Cincinnati-based Fifth Third Bank has deployed Infoblox appliances company-wide for delivery of core network services, including internal and external domain name resolution (DNS) and IP address assignment and management (DHCP/IPAM), throughout their banking centers.

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Bank robbery leads to chase and crash

A man who robbed the Fifth Third Bank at 7730 Brandt Pike on Tuesday afternoon, July 8, was pursued by a local businessman and captured at the Indiana state line after ramming a police cruiser.

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TIGERS MINOR LEAGUES: Whitecaps will have Dave Rozema karate kick bobblehead night

The Tigers' minor league affiliate West Michigan Whitecaps (A) will be giving away Dave Rozema karate kick bobbleheads to the first 1,000 fans at Fifth Third Ballpark in Comstock Park on July 9 for the game against Clinton.

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Huggins looks forward to visit

What will it be like for Bob Huggins to coach against UC next winter in Fifth Third Arena? "People have always been wonderful (there)," said Huggins, who spent 16 years as UC's head coach.

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Mercy Hospital gets $50K for ICU

Mercy Hospital Clermont in Batavia has received a $50,000 grant from the Jacob G. Schmidlapp Trust managed by Fifth Third Bank.

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Baird analyst: Fifth Third has enough capital

A Robert W. Baird & Co. analyst has raised his rating on Fifth Third Bancorp's stock in the wake of the bank holding company's major moves to raise capital - a move that sent shares up modestly on Wednesday. (FITB)

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Baird analyst: Fifth Third has enough capital

A Robert W. Baird & Co. analyst has raised his rating on Fifth Third Bancorp's stock in the wake of the bank holding company's major moves to raise capital - a move that sent shares up modestly on Wednesday. (FITB)

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Financial Stocks: Fifth Third shares on the rise as broader sector gains

Financials stocks make steady gains as investors warm to the idea that banks have raised enough capital for the near term and shrugged off negative data about U.S. private-sector job losses.

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Fifth Third up 4% in pre-market on analyst upgrade

NEW YORK (MarketWatch) -- Shares of Fifth Third Bancorp on Wednesday rose 4% in pre-market trade after analysts at Robert W. Baird upgraded the bank to outperform from neutral, saying the downside risk for the stock is limited following "significant" underperformance and a dilutive capital raise. "Fifth Third's capital/reserve levels should enable the company to weather the current enviroment," wrote...