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Incoming Fifth Third Bank CEO sees opportunity for growth in Michigan

When Tim Spence, president of Fifth Third Bank becomes CEO of the Cincinnati-based lending institution on July 5, he takes the reins during a time of substantial uncertainty. Consumers and business leaders are increasingly feeling uneasy about macroeconomic conditions. Spence, a seven-year veteranโ€ฆ
United States Greg Carmichael Tim Spence Third Bank Fifth Third Bank Fifth Third

Incoming Fifth Third CEO: 'Every market should be a growth market'

During a recent visit to the Cleveland market, Crain's caught up with incoming Fifth Third Bank president Tim Spence โ€” and Joe DiRocco, Fifth Third's northern Ohio president โ€” to talk about some of Spence's plans for the company as he looks to taking the CEO reins this summer when he succeeds Greg Carmichael as the bank's top executive.
United States Greg Carmichael Jeremy Nobile Tim Spence Joe Dirocco Third Bank

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Fifth Third Aims to Help Provide 5.3 Million Meals to Fight Hunger Across Bank's Footprint

03.05.2022 - More than 19,000 employees at Fifth Third Bank, National Association, will celebrate Fifth Third Day by helping to provide 5.3 million meals in May to people facing food insecurity. The meals will be donated to various hunger relief organizations ...
United States Lauren Biedron Greg Carmichael Tim Spence Melissa Stevens National Association

Recession risk is growing with rate hikes, regional U.S. banks say

From Bloomberg: The heads of some of the largest U.S. regional banks โ€” including KeyCorp and Fifth Third โ€” see mounting risks for a recession brought on by the Federal Reserve's interest-rate hikes, even as those increases are set to bolster lending revenue.
Jerome Powell Chris Gorman Greg Carmichael Third Bancorp Paycheck Protection Program Federal Reserve

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