Fifth Third Bancorp (FITB -5.8%) says it may receive a regulatory enforcement action related to...

|About: Fifth Third Bancorp (FITB)|By:, SA News Editor

Fifth Third Bancorp (FITB -5.8%) says it may receive a regulatory enforcement action related to a potential violation of the SEC's regulation FD on the redemption of trust preferred securities by the bank. An analyst at Sandler O'Neill remains unperturbed, estimating penalty costs at $1.5M and saying the bank's reputation will endure.