Three of Ohio's largest banks — Cincinnati-based Fifth Third Bancorp, Cleveland-based KeyCorp, and Columbus-based Huntington National Bank — announced this week that they each plan to receive capital infusions from the U.S. Treasury Department under its new capital purchase plan.

Fifth Third plans to seek roughly $3.4 billion by selling some of its assets to the government, while KeyCorp said it would sell $2.5 billion in preferred stock to the government to receive the capital funds. Huntington plans to raise $1.4 billion through selling stock and warrants to the government.

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