Fifth Third To Buy Comerica In $10.9 Billion Deal To Create Ninth-Largest US Bank
Fifth Third (FITB.O), opens new tab on Monday agreed to buy regional lender Comerica (CMA.N), opens new tab in an all-stock deal valued at $10.9B.
Dot-Com Fears Rise With Tech Stocks Seeing $100 Billion Swings
Expansive driving gains in technology stocks has Wall Street Pros reminiscent of the unhealthy market of the dot-com era.
Dynasty Financial Partners Closes $125 Million Credit Facility to Support Growth Initiatives and Ongoing Innovation
Dynasty Financial Partners, a champion of the independent wealth management movement, today announced the closing of a $125 million corporate credit facility supported by a syndicate of financial services firms including UMB Bank N.A., Flagstar Bank N.A., J.P. Morgan Chase Bank, and Goldman Sachs Bank USA. It marks Dynasty’s third commitment from UMB and its second from J.P. Morgan and Goldman Sachs. The firm is pleased to count Flagstar as a new lender backing its growth plans.
Traders Pay Steeper Price To Hedge Risk From Stocks To Gold
The risk premium for options is rising in assets from stocks to gold.
Leading Economists Offer Their Perspectives On The Government Shutdown
As Washington braces for yet another government shutdown, leading economists are offering their perspectives.