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Fifth Third Bancorp in Cincinnati has hired a Bank of New York Mellon executive as its chief legal officer.
August 21 -
Fifth Third Bancorp in Cincinnati named Lars Anderson chief operating officer Thursday, three days after he said he was resigning as a vice chairman at Comerica.
July 16 -
Fifth Third Bancorp in Cincinnati reported a decline in second-quarter profit, as the costs to close branches offset loan growth.
July 21
Fifth Third Bancorp in Cincinnati has tapped a new chief strategy officer to replace Dan Poston, who will leave the bank to join the payment processor Vantiv.
The $142 billion-asset Fifth Third hired Timothy Spence to succeed Poston. Spence will join the company on Sept. 11 and will report to Greg Carmichael, the incoming chief executive. Spence was previously senior partner in the retail and business banking practice at Oliver Wyman.
As chief strategy officer, Spence will oversee strategic planning, including mergers and acquisitions, according to a Tuesday news release.
Poston will leave Fifth Third on Oct. 1 to become Vantiv's executive vice president for strategic client relations. Poston, who was 56 on March 12, has been a Vantiv director since 2012. The Securities and Exchange Commission in December 2013
Poston will continue to work closely with Fifth Third, since the bank is a Vantiv customer, Carmichael said in the release. Poston will manage the Fifth Third customer relationship for Vantiv.
Fifth Third owned about 19% of Vantiv, as of its March proxy statement.
