Around 7 a.m. Monday Oct. 6 the big announcement rolled out. Cincinnati-based Fifth Third Bancorp. agreed to buy Dallas-based Comerica Bank

Comerica faced challenges in recent years, including pressure from Biden administration regulators on handling of Direct Express cards for those who receive federal benefits.

The wild excitement that's been building at Comerica Park in Detroit this baseball season for the Detroit Tigers is a far, far cry from the frustration that Wall Street investors have had with Comerica Bank.

Having a regulatory-friendly Trump administration in Washington makes getting some kind of relief — a deal that an activist investor called HoldCo Asset Management wanted — that much more likely to happen.

Activist investor group HoldCo Asset Management, which owns abou

See Full Page