Fifth Third to buy Comerica in the year’s biggest US bank deal
Smaller banks pursuing scale to cope with technology upgrade, compliance costs
Fifth Third Bancorp agreed to buy Comerica Inc. for about $10.9 billion in stock, the largest US bank deal this year and a sign that the logjam blocking big mergers in the industry may have broken under the Trump administration’s deregulation efforts. The deal will create the ninth-largest bank in the country, with about $288 […]
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