Fifth Third Bancorp - Comerica Acquisition and Bull Market Create Strong Outlook!
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Business Driver: Fifth Third Bancorp (FITB) covers all classic areas in its core business and is particularly strong in Personal & Business Banking (retail and corporate customers), Wealth Management, and mortgages, as well as corporate and personal loans. With the recent acquisition of Comerica valued at approximately $10.9 billion, the company has further strengthened its position in the corporate customer segment. Thanks to the bull market in international stock exchanges, it is currently benefiting from strong developments in Wealth Management,...
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