Fifth Third Bancorp has disclosed plans to lay off additional Comerica employees following the closure of a $10.9 billion buyout in early February.
The combination of the banks is the latest in a trend of deals closing on speedier timelines, and signals the industry's hunt for scale.
The conversion of Comerica's customer systems to Fifth Third's is set to happen after Labor Day.
Fifth Third Bank and Dallas-based Comerica on Monday finalized their $10.9 billion merger, creating the nation’s ninth-largest bank and expanding Fifth Third’s footprint in Texas.
One or two tidbits about jobs are tucked away in the big news that Fifth Third Bancorp will acquire Comerica in a $10.9 billion all-stock alliance. No, we don't know yet how many jobs might be cut in ...
CINCINNATI, Ohio — The Consumer Financial Protection Bureau has filed a lawsuit against Fifth Third Bank, alleging the bank's employees opened fake accounts for customers in order to meet aggressive ...