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Company
Fifth Third Bancorp
NASDAQ:FITB
Fifth Third Bancorp is a bank holding company for Fifth Third Bank, National Association. The Bancorp conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States.
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Fifth Third Bancorp takes over smaller rival MB Financial Bank of Chicago in US$4.7bn deal
By joining forces, the merger creates the fourth-largest bank in Chicago in terms of deposits