LYCOS RETRIEVER 
Fifth Third Bank
built 650 days ago
"More than 25 percent of American families are involved in some way with elder or parent care, and this number is on the rise," said Jaleigh White, director of Wealth Planning for Fifth Third Private Bank. "For many, the responsibility of caring for aging parents hits at a time when they ... are raising children and anticipating sending them to college.
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Fifth Third can provide you with a challenging and rewarding career in one of the leading financial services organizations in the country. That success is reflective of the high quality of people that Fifth Third recruits, trains and nurtures to be future leaders of the organization.
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"The magnitude of this failure by TJX and the Fifth Third Bank is international in its reach with the full extent of damages unknown until independent experts can investigate all of the issues. It is apparent the costs to customers and banks will be enormous," noted Archie Lamb, who along with Joe Whatley is primary counsel in the litigation. Whatley concurred noting that "this litigation seeks to ensure that those responsible for this massive failure to secure private information of unwitting consumers are ... responsible for the cost to remedy the problem."
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"We are proud to make a difference in the lives of the Gilliam family," said Greg Kosch, President and CEO of Fifth Third Bank (Eastern Michigan). "This donation illustrates the overarching commitment the bank has for making the dream of homeownership a reality for everyone."
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Fifth Third Bank has joined NACHA as a direct financial institution member, becoming the third new NACHA member in 2007. According to the most recent NACHA Top 50 list, Fifth Third is the nation's 18th largest originating financial institution and the 14th largest receiving financial institution of ACH payments.
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Fifth Third Bank expects to continue to target a 6.5% tangible common equity ratio following the closing of the transaction. The transaction is not expected to significantly affect Fifth Third's share repurchase plans, except during customary blackout periods related to the transaction proxy period.
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