Showing that banks' march into the securities business is not just a big-bank phenomenon, Fifth Third Bancorp said Tuesday that it plans to acquire Ohio Co., a regional brokerage firm.

With this deal the Cincinnati-based banking company follows in the footsteps of giants like NationsBank Corp., BankAmerica Corp., Fleet Financial Group, and most recently U.S. Bancorp.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.