RBC Capital Markets' Gerard Cassidy: Fifth Third Bank deal signals regulatory regime is different
CNBC Televisionยท2025-10-06 16:55
Some big deal news out of the financial sector this morning. Fifth Third Bank announcing plans to acquire Comica for $10.9% billion, poised to create the ninth largest US bank with roughly $288 billion in assets. Joining us now with his reaction is Gerard Cassidy, RBC Capital Markets co-head of global financials research.Cincinnati based Fifth Third get gets a lot bigger. Gerard, is this a good deal. >> Yes, it is.It's a good deal, Sarah, because when you look at the metrics, the financial metrics, the deal ...