Fifth Third Bancorp sold the last of its shares in payment processor Worldpay Inc. last month at a pretax gain of $565 million, but it could have made a lot more.
Downtown Cincinnati-based Fifth Third (Nasdaq: FITB), the largest locally based bank and the nation’s 17th biggest, sold the last of its 10.3 million shares in Symmes Township-based Worldpay (NYSE: WP) on March 14, according to Securities and Exchange Commission filings. Worldpay had been a bank subsidiary known as Fifth Third Processing…
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Alfred Serrano 