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NEW YORK -- Fitch has affirmed all ratings for Fifth Third Bancorp (FITB) and its principal subsidiaries, following the announcement that FITB is undertaking a significant balance sheet restructuring. FITB continues to rebuild capital levels following its most recent bank acquisition and large block common stock repurchase in January of this year. While this year's numbers came in lower than last year's earnings numbers, FITB matched the Street's estimate for earnings. |
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