This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Fifth Third Bank Announces New Energy Banking Team

Fifth Third Bank (Nasdaq: FITB) announced today that Richard Butler, Terry Rainosek and Alan Busby have joined the Bank and will lead its national Energy Banking operation. This team will provide banking services to companies in the petroleum and natural gas production, processing and distribution industries.

“The energy sector is a rapidly growing industry. Fifth Third’s new Energy Banking team demonstrates our commitment to providing dedicated banking services to this evolving sector,” said Greg Kosch, executive vice president and head of Commercial Banking for Fifth Third Bank. “The oil and natural gas sector represents a tremendous growth opportunity. Richard and Alan’s wealth of commercial banking and credit experience combined with Terry’s technical background in petroleum engineering will help us develop strong relationships and customized services for companies in this space.”

Butler joins Fifth Third with more than 24 years of commercial banking and financial management experience and will serve as senior vice president and head of the Energy Banking team. Prior to joining Fifth Third, he worked more than 21 years for a British bank for its Corporate Markets in North America, where he most recently served as senior vice president of its energy lending sector.

With more than 31 years of experience in petroleum engineering, Rainosek joins Fifth Third as senior vice president and engineering manager. He previously spent more than 14 years with a British bank, where he most recently served as head of Natural Resources in North America. Prior to this role, Rainosek was a petroleum engineer for two United States-based banks and Amoco Production Company. He is a member of the Society of Petroleum Engineers and the Independent Petroleum Association of America.

Busby will serve as senior vice president and senior credit officer and brings more than 28 years of experience in commercial lending and risk management. Most recently he served as head of credit for a British bank, responsible for managing portfolios of oil and gas companies and financial institutions.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs