Fifth Third

Beyond ADA: An effort to help the disabled access mainstream banking

02/20/18

A public-private coalition, including Citigroup and disability advocates, is testing financial literacy strategies in New York City that they hope will be used nationwide to improve the financial lives of Americans with disabilities.

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Can small-dollar loans be both profitable and safe?

02/15/18

The Pew Charitable Trusts has released a set of 10 standards for banks and credit unions that want to to offer small loans to subprime customers. Among its ideas: keep monthly payments at or below 5% of the borrower’s paycheck and make loans available quickly through digital channels.

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Seeking bigger U.S. presence, Barclays joins crowded online lending market

11/21/17

The British banking giant has been testing its new online lending platform with a handful of its U.S. customers and plans to roll it out in full force next year. It's all part of a broader effort to expand its U.S. consumer business beyond credit cards.

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Home equity beckons, but few ready to embrace it

10/30/17

Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition and fraud.

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Fifth Third lawyer is said to be a top candidate for FDIC chief

07/28/17

The Trump administration is considering nominating Jelena McWilliams, Fifth Third Bancorp's top lawyer, to lead the Federal Deposit Insurance Corp., people familiar with the matter said.

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Will stress test triumphs usher in new era of M&A?

06/29/17

Higher dividends and more aggressive repurchase programs are bound to attract more investors, which could boost stock prices and prompt more dealmaking, analysts said.

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Overheard at Digital Banking 2017

06/26/17

The following are some of the noteworthy things we heard at American Banker’s Digital Banking 2017 conference held earlier this month in Austin, Texas.

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Big banks and regionals strategize for the second half of 2017

06/15/17

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.

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Now the hard part for bank robos: Getting customers to use them

05/10/17

Banks have warmed up to digital wealth management tools but will need to use their human advisers, too, to beat fintechs.

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USAA taps Fifth Third retail chief as bank president

04/07/17

The San Antonio company named Chad Borton, previously head consumer banking at Fifth Third Bancorp in Cincinnati, for the role. Fifth Third has named Philip McHugh as his successor.

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