The deal will create the ninth-largest U.S. bank with around $288 billion in assets. Once the deal closes, Fifth Third shareholders will own roughly 73% and Comerica shareholders will own approximately 27% of the combined company.
Brian Goldman, who's had numerous risk management roles at Goldman Sachs and Citibank, will be responsible for overseeing risk on an enterprise-wide basis at Comerica.
United Way's Jennifer Sampson will serve as a member of the board's Enterprise Risk Committee, and American Airlines' Derek Kerr will serve as a member of the board's Audit Committee.
Fort Worth-based American Airlines has flown what it says is the first U.S. commercial passenger flight to use synthetic jet fuel made from waste carbon dioxide and renewable electricity, delivered through a commercial airport’s fuel system....
Dallas-based Bestow has formed a dedicated team called Bestow Labs to build AI-native products for life insurance and annuity carriers, deliberately separating that work from the production systems its clients depend on....
Fort Worth-based American Airlines has flown what it says is the first U.S. commercial passenger flight to use synthetic jet fuel made from waste carbon dioxide and renewable electricity, delivered through a commercial airport’s fuel system....
Dallas-based Bestow has formed a dedicated team called Bestow Labs to build AI-native products for life insurance and annuity carriers, deliberately separating that work from the production systems its clients depend on....