Fifth Third Bank sent personalized welcome packages to Comerica customers this week and plans to complete the transition of current Comerica accounts to comparable Fifth Third products on Sept. 8, the bank said in a Thursday (July 30) press release.
CINCINNATI--(BUSINESS WIRE)--As Comerica customers begin receiving information about their transition to Fifth Third (NYSE: FITB) many will gain access to banking products and services designed to help them save money, access funds sooner and enjoy greater flexibility in how they manage their finances. Beginning this week, customers are receiving personalized Welcome Packages that explain how their current Comerica accounts will transition to comparable Fifth Third products when the conversion.
CMA CGM will impose an emergency fuel surcharge following the renewed escalation of hostilities in the Strait of Hormuz effective August 1, the French shipping firm said in a notice posted on its website.
Fifth Third Bancorp is seeing early results of its merger with Comerica, is making progress on the integration and is set to launch its systems conversion over Labor Day weekend, Fifth Third Chairman, CEO and President Tim Spence said Friday (July 17) during a second-quarter earnings call.
Fifth Third Bancorp has rallied 30% over the past year, driven by a favorable macro environment and the transformative Comerica acquisition. FITB targets aggressive cost synergies from the Comerica deal but faces integration risks, elevated merger costs, and potential deposit attrition. The CET1 capital ratio has weakened post-acquisition, with gradual improvement expected as integration costs subside and synergies materialize.
CMA CGM will offer ocean transport and carrier services under a nonexclusive agreement with FedEx and the companies will also work together on select air-cargo capacity solutions.
French shipping group CMA CGM has agreed to acquire FedEx's third-party logistics business for an enterprise value of $1.4 billion, it said on Wednesday, as it seeks to expand its presence in the logistics sector and in the United States.
TORONTO--(BUSINESS WIRE)--The Canadian Marketing Association (CMA) unveiled its refreshed brand identity, drawing creative inspiration from 1967 modernism, the year the association was founded. The rebrand comes in anticipation of the CMA's 60th anniversary, a milestone that marks the organization's journey and highlights its role as the collective voice representing marketers across Canada. More than a visual refresh, the new identity reflects where the CMA is already heading. The organization.