While regional banks were embracing small business loans, the U.S. government sparred with the top four regarding the program as larger banks did not show enthusiasm
President Donald Trump has signed into law the Coronavirus Aid, Relief, and Economic Security Act. The details will help keep the banking industry stable.
The bank’s $3 billion fine was accompanied by penalties totaling $21 million for three former executives for their roles in the scandal that ran for 15 years
Authorities and the bank are investigating after staff illegally accessed personal information, with Fifth Third preparing to reimburse customers if needed