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Fifth Third combines Indiana banking regions

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Fifth Third Bancorp has shuffled some of its top executives and consolidated its Indiana affiliates, the company announced Wednesday.

The Cincinnati-based banking company combined its Central Indiana and Southern Indiana units into a single affiliate that will be headed by Steven Alonso as regional president.

Alonso had been executive vice president and head of Fifth Third’s consumer bank. Alonso joined Fifth Third in 2008 and previously led the bank’s consumer lending and business banking divisions.

Nancy Huber, president and CEO of Fifth Third’s Central Indiana region since 2009, will retire May 15.

John Daniel, CEO of the Southern Indiana affiliate, also will retire.

Fifth Third has $130 billion in assets and operates 17 affiliates with 1,320 branches in 12 states. It has about 870 employees and 45 branches in central Indiana.

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

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