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Fifth Third confident it ‘treated its customers fairly’
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Banking
Tuesday, March 10, 2020
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In echoes of a recent action taken by the Consumer Financial Protection Bureau against Citizens Bank, Fifth Third Bancorp came out with a strong public statement refuting the allegations by the bureau filed in a lawsuit Tuesday.
The same day the CFPB announced it was filing suit against Fifth Third – which the bank announced earlier in a Securities and Exchange Committee filing – Fifth Third Legal Officer Susan Zaunbrecher issued a strong defense of the institution.
Read on for more from Fifth Third, and how the response to the action mirrors the Citizen Bank lawsuit.
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