Reported 3 days ago
Fifth Third Bank and Comerica are merging to form the ninth-largest bank in the U.S., with a new division managing over $100 billion in assets. The all-stock transaction is valued at $10.9 billion and will result in a combined entity with $288 billion in assets and a significant increase in presence in fast-growing markets. The deal is expected to close in early 2026.
Source: YAHOO