RBC Capital Markets' Gerard Cassidy: Fifth Third Bank deal signals regulatory regime is different
Some big deal news out of the financial sector this morning. Fifth Third Bank announcing plans to acquire Comica for 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 ...