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Home » A Huge Merger in Chicago: Fifth Third Bancorp to Buy MB Financial
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A Huge Merger in Chicago: Fifth Third Bancorp to Buy MB Financial

May 21, 2018
Yemeng Yang
Fifth Third Bancorp announced on Monday that it has agreed to buy MB Financial in a transaction valued at approximately $4.7 billion. The combined company will then rank fourth in total deposits and second in retail deposits in Chicago market. It will also have a 20 percent share of middle market relationships in Chicago, ranking it second.
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