ADVFN - Advanced Financial Network.
HOME» NYSE » F » FII Stock Price » FII Stock News

Federated Investor Share News

 Federated Investors (pa) Stock Price
FII Stock Price
 Federated Investors (pa) Stock Chart
FII Stock Chart
 Federated Investors (pa) Stock News
FII Stock News
 Federated Investors (pa) Company Information
FII Company Information
 Federated Investors (pa) Stock Trades
FII Stock Trades

Fifth Third Says Federated Investors Acquiring $5 Billion Of Money Market Assets

DOW JONES NEWSWIRES Fifth Third Bancorp (FITB) said its asset management arm will shed some assets, including roughly $5 billion of money market assets being acquired by investment manager Federated Investors Inc. (FII). Under Fifth Third's deal with the firm, the money market assets will be reorganized from four Fifth Third money market funds into four existing Federated money market funds with similar investment objectives. The transaction, expected to be completed in the third quarter, isn't seen having a material impact on Fifth Third's results. "This action reduces risk and moves us more closely to trusted advisor status by being able to offer clients a broader choice of investment products," said Chief Executive Kevin T. Kabat. Also Thursday, the bank said Touchstone Advisors, a mutual fund unit of Western & Southern Financial Group Inc., will acquire the assets of 16 of its mutual funds. Fifth Third Asset Management's affiliated investment mangers will continue as sub-advisors for some of the funds. The moves come after Fifth Third saw its request to raise its dividend and begin buying back shares rejected by the Federal Reserve last month following completion of the regulator's latest "stress tests" for the nation's largest banks. Fifth Third at the time declined to say why the Fed objected, citing regulatory reasons, but said it would resubmit the plan "as soon as practicable." Shares were recently up 6 cents to $14.54. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for Federated Investor (FII)
DateTimeHeadline
02/12/201609:26:17Form 13f Holdings Report (13f-hr)
02/10/201610:20:11Amended Statement of Ownership (sc 13g/a)
02/10/201609:57:03Amended Statement of Ownership (sc 13g/a)
02/09/201616:16:00Federated Investors Canada ULC Launches Federated Strategic Value...
02/09/201608:12:00Federated Investors' Closed-End Municipal Funds Declare Monthly...
02/03/201613:21:17Amended Statement of Ownership (sc 13g/a)
02/02/201616:34:44Amended Statement of Ownership (sc 13g/a)
01/29/201616:17:43Current Report Filing (8-k)
01/29/201608:45:00Federated Investors' Closed-End Municipal Funds Report Annual...
01/28/201616:16:00Federated Investors, Inc. Reports Fourth Quarter and Full-Year...
01/15/201611:10:00Month-End Portfolio Data Now Available for Federated Investors...
01/08/201608:27:00Federated Investors' Closed-End Municipal Funds Declare Monthly...
01/07/201616:15:00Federated Investors, Inc. Announces Fourth Quarter 2015 Earnings...
12/15/201511:40:00Month-End Portfolio Data Now Available for Federated Investors...
12/10/201508:15:00Federated Investors' Closed-End Municipal Funds Declare Monthly...
12/09/201517:21:53Statement of Changes in Beneficial Ownership (4)
12/09/201516:44:57Statement of Changes in Beneficial Ownership (4)
12/07/201516:15:00Federated Investors, Inc. Completes Transition of Assets into...
11/19/201517:18:44Statement of Changes in Beneficial Ownership (4)
11/19/201517:10:53Statement of Changes in Beneficial Ownership (4)

Federated Investor and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad