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Tag: Fifth Third bank


Capital and Risk, Insurance

Fifth Third Bank to Pay $5M Fine for Illegally Forcing Car Insurance Onto Borrowers

July 11, 2024

Via: Insurance Journal

Fifth Third Bank agreed this week to pay a $5 million fine for illegally forcing vehicle insurance onto borrowers who had coverage. Fifth Third also agreed to pay a $15 million fine for illegal sales practices. The Cincinnati, Ohio-based bank […]


Capital and Risk, Credit

Wells Fargo Agents $250MM Facility for Wingstop

February 1, 2018

Via: ABF Journal

Wingstop closed a new $250 million senior secured credit facility with Wells Fargo Bank as administrative agent as part of the company’s recapitalization The new five-year credit facility bears an initial interest rate of LIBOR + 275 bps and consists […]


Activity, Corporate Banking

Fifth Third Provides Financing to Support Wasserstein Acquisition

May 9, 2016

Via: ABF Journal

Wasserstein & Co, on behalf of its private equity fund Wasserstein Partners III, acquired Moss, a global provider of highly engineered, three-dimensional fabric structures and customized environmental branding solutions. Terms of the acquisition were not disclosed. Read More on ABF […]


Channels

Fifth Third Bank fingerprints iPhone banking

February 5, 2016

Via: Banking Technology

Fifth Third Bank is introducing Touch ID biometric capabilities to its mobile banking app for the iPhone. Touch ID allows fingerprint authentication for enabled devices, letting customers log into their Fifth Third app with their fingers or thumbs instead of […]