Fifth Third, Comerica Merger Creates $100B Wealth, Asset Management Business

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. U.S. banks Fifth Third and Comerica are merging to create the ninth-largest bank in the country, with the resulting company establishing a wealth and asset division that will manage assets exceeding $100 billion. The Cincinnati-based Fifth Third Bank will acquire Dallas-based Comerica in an all-stock transaction totaling $10.9 billion, pending approval by shareholders and regulators. The combined ...