Fifth Third Move Signals Bank Mergers Are Back: Bloomberg Deals

Hi, it’s Matt Monks in New York, looking at an important deal that would have been unremarkable before the 2008 Financial Crisis. Also today, OpenAI could end up owning a large chunk of AMD and there’s some hope for London IPOs.

Today’s top stories

• OpenAI could own up to 10% of AMD as part of chips deal.
• Carlyle emerges as frontrunner to buy BASF Coatings unit.
• Toyota Industries $31 billion buyout plan faces antitrust delays.
• Listings trio gives London exchange a boost in bleak year.
• Private equity taps lending power to finance mega deals.

Bank on it

Fifth Third’s $10.9 ...