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WASHINGTON (dpa-AFX) - Fifth Third Bancorp (FITB) Tuesday said that Greg Carmichael has elected to retire as Chief Executive Officer, effective July 5. Tim Spence will succeed Carmichael as Fifth
Fifth Third Bank has tapped president Tim Spence as its next CEO, effective July 5.
Recognition honors companies demonstrating leadership, commitment to business integrity through ethics, compliance, governance practices ... | March 16, 2022
A few months ago bankers were more hopeful than confident about an end to depressed demand for business credit. Now CEOs at Huntington, Fifth Third, Mercantile Bank and other companies are touting strong fourth-quarter loan growth, burgeoning pipelines and local job creation as reasons for optimism.
The deal is the latest example of a mainstream bank buying a point-of-sale lender focused on financing home improvement projects.