Fifth Third Bancorp agreed to buy Comerica Inc. for about $10.9 billion in stock, the largest US bank deal this year and a sign that the logjam blocking big mergers in the industry may have broken under the Trump administration’s deregulation efforts. The deal will create the ninth-largest bank in the country, with about $288 […] The post Fifth Third to buy Comerica in the year’s biggest US bank deal appeared first on Auto Finance News.| Auto Finance News
A Comerica Bank executive admitted to major failures in its handling of the Treasury Department's Direct Express program, including data and resolved fraud disputes sent to a vendor's office in Lahore, Pakistan, a "serious" contract violation.| American Banker