Comerica, amid pressure to sell, makes case for independence
Yahoo Finance·2025-09-09 17:49

Key insight: Regional bank Comerica emphasized its priorities to investors Tuesday, saying it's committed to protecting shareholder value and enhancing profitability. What's at stake: The bank's message comes as it faces pressure to sell from an activist investor group. Forward look: HoldCo Asset Management, the activist investor, plans to move forward with a proxy battle in which it will nominate up to five directors to Comerica's board. The chief executive of Comerica, which is facing mounting pres ...

Comerica, amid pressure to sell, makes case for independence - Reportify