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Entries tagged "Fifth Third"Hiring: Fifth Third Bank and J.P. MorganFifth Third Bank and J.P. Morgan Chase are the latest banks reportedly hiring. Hiring: Barclays, Aladdin Capital and moreLooking for a job in finance? Here are the latest reports and rumors of where to look. Banking stress tests previewThe information void over stress test results is creating speculation. Bank Watch: CIT and Fifth Third are up while Citi sinksStocks wavered earlier Thursday. The Dow fell 39.75 points to 8,242.91, the S&P 500 was down 2.25 points at 850.05, and the Nasdaq was down 18.22 points at 1,480.99. Banks stocks were also mixed as the head of the Senate Banking Committee, Sen. Christopher Dodd, encouraged banks involved in the $700 billion federal bailout to start lending to consumers and businesses.... Bank Watch: Banks receiving cash injectionsSeveral U.S. banks are signing up for the U.S. government's cash injection. David Nason, assistant secretary for financial institutions, told CNBC that $125 million has been doled out to nine major banks and they will begin receiving the cash this week. Reuters is reporting a list of the banks and amounts they will receive. ... Bank Watch: Mixed results on down dayWith the Dow closing down 231.77 or 2.50% to 9,033.66, banks were mixed, with the largest banks feeling most of the pain. Interestingly, however, smaller regional banks National City Corp., Fifth Third Bancorp and KeyCorp fared relatively well, despite the three Ohio banks all reporting third-quarter losses. - Matthew Wurtzel... When will Canadian banks head south?The subprime mortgage crisis has presented Canadian banks with a fascinating opportunity, and it will be interesting to see if any of them them seize it, and how quickly. ... Markets drown on continued credit fearsThe credit crisis is showing no signs of waning as Morgan Stanley reported disappointing quarterly earnings and Fifth Third Bancorp slashed its dividend and received a capital infusion on Wednesday. Investors pulled out of both stocks and the broader markets Wednesday, pushing the Dow down 80.60, or .66%, to 12,079.79 while the Nasdaq declined 20.90, or 0.82%, to 2,437.48.... Fifth Third slashes dividend, plans to raise $2BOhio regional bank Fifth Third Bancorp said Wednesday it plans to raise at least $2 billion of capital and will slash its dividend by two-thirds as its credit losses continue to grow. ... Fifth Third, KeyCorp front-runners for National City?Perhaps Dealscape misspoke Wednesday when we said attempting to sell National City Corp. may be like trying to sell ice in the Arctic. We were specifically down on the notion that regional players KeyCorp and Fifth Third Bancorp would want to take on National City's portfolio of troubled mortgages. However, the media is now abuzz as unnamed sources say that both banks are interested in bidding in the Goldman, Sachs & Co.-led auction of the Cleveland bank.... National City suitors, few and far betweenWith the credit crisis troubling financial services firms, attempting to sell National City Corp. may be like trying to sell ice in the Arctic. Since the rumor a couple of weeks ago that the Cleveland bank was possibly up for sale, which was confirmed Tuesday, a list of buyers for the mortgage debt-plagued institution is short.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Fifth Third." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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