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How does bank’s sale announcement affect other bank stocks?

May 23, 2018 |

The announcement that Fifth Third Bancorp Inc. would purchase MB Financial Inc. not only has boosted the stock price of MB Financial but also may have helped other banking shares move higher. Gene Katz, Investment Banker with D.A. Davidson, discusses the proposed merger’s possible effect on other banking stock prices, plus the effects of pending regulatory changes, in “Fifth Third-MB Financial deal boosts value of other Chicago area banks,” an article by Zachary Fox for S&P Global.

Read the full article here.