Comerica Bank

Equifax interim CEO pleads ignorance; All’s well for bitcoin

11/09/17

Barros has no answer for Senate committee on encryption; a bitcoin network split won’t happen … for now.

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Comerica promotes Muneera Carr to CFO

11/08/17

Comerica's chief accounting officer since 2010, Carr will replace David Duprey, who is retiring early next year.

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Higher rates, lower costs boost Comerica's 3Q profit

10/17/17

The Dallas company reported strong profits in the third quarter as higher yields on loans and improved cost control more than offset slight declines in loan balances and earning assets.

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Crisis averted, Comerica now faces questions on growth, succession

09/18/17

The Dallas company has extinguished talk of a potential sale after aggressively cutting costs over the past year. But concerns about its future — including its ability to find new sources of revenue — remain.

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D.C. gridlock suppressing demand for business loans: Bank CEOs

09/15/17

Flush with cash, many commercial firms are also opting to pay down debt rather than take on new loans, and those seeking financing aren’t always turning to banks to meet their needs.

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Deposits take center stage in banks' 2Q earnings

07/21/17

Now that the Federal Reserve has raised short-term rates four times in the past 18 months, all eyes are on deposit costs as banks seek to keep pricing low and fatten margins. But that effort is complicated by the fact that banks must prepare for the unwinding of the Fed's balance sheet and consumers' rapid adoption of mobile deposits.

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Don't look now, but commercial deposit prices are on the rise

07/18/17

In a sign of broader competition ahead, bigger banks are raising the interest they pay on deposits held by business customers. The big question is how hard will it be for banks to maintain margins and to stave off consumer demands for better rates.

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A double-digit reduction in costs at Comerica

07/18/17

A yearlong effort to slash costs boosted profits at the Dallas company.

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Why banks are wading back into energy lending

06/20/17

Oil prices are dropping again, but some lenders think now is the time to recommit to energy lending as long as they underwrite them a certain way for certain borrowers in certain regions.

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Big banks and regionals strategize for the second half of 2017

06/15/17

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.

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