Bank Consolidation Could Lift This ETF
May 23, 2018 at 11:09 AM EDT
It has been awhile since the banking sector saw a legitimate wave of consolidation. In a sign that that could be changing, Fifth Third Bancorp (FITB) said Monday it will acquire rival MB Financial (MBFI) for $4.7 billion. That was the largest deal in the banking sector in three years. That is not...