Fifth Third Bancorp (FITB)

Add a New Bears Reason Company: Fifth Third Bancorp (FITB) Current price: Headline: (100 character max) Analysis: Cancel 44% agree 18 votes   Fifth Third needs cash infusion = dilution Top Contributor: Jack Bass | Created when NASDAQ:FITB was $10.11 | Edit | History Fifth Third Bancorp Chief Executive Kevin Kabat says the bank needed a cash infusion of $2 billion to bail out the struggling regional bank. Regional banks have a large share of assets tied to the sinking housing and mortgage markets. Fitch Ratings estimates that the mortgage crisis has cost banks $400 billion in losses so far, and the International Monetary Fund said in a report that the amount may rise to nearly $1 trillion before the credit crisis is over. Analysts at JPMorgan Chase & Co., Merrill Lynch & Co. and UBS AG all said this week that banks may have to cut dividends further and raise more capital to cover losses. (100 character max) Cancel 0% agree 3 votes   NOT READY,and this will take time!! Created when NASDAQ:FITB was $2.85 | Edit | History This situation is near hopeless for the time being.New Management desperately needed.I could really go on about this company.It needs so much!! (100 character max) Cancel

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