Comerica Incorporated Headquarters Company History and Milestones

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Comerica Incorporated has a rich history that spans over 170 years. Founded in 1849, it was initially known as the Detroit Savings Bank.

The bank changed its name to Comerica in 1999, marking a significant milestone in its evolution.

Comerica's growth can be attributed to its strategic acquisitions, including the purchase of First RepublicBank in 1998 and the acquisition of National Bank of Commerce in 2007.

Today, Comerica Incorporated is a leading financial services company with operations across the United States.

For more insights, see: Cma Stock Quote

Comerica Incorporated Headquarters

Comerica Incorporated is headquartered in Dallas, Texas.

The headquarters is located at 3145 Olive Street, Dallas, Texas 75219.

Comerica Incorporated was founded in 1849 in Detroit, Michigan.

It has since relocated its headquarters to Dallas, Texas.

Comerica Incorporated is a bank holding company.

The company operates in 40 states and Latin America.

Comerica Incorporated's headquarters is a major hub for the company's operations.

The company has over 7,000 employees.

Comerica Incorporated's headquarters is a significant presence in the Dallas business community.

Related reading: Comerica Securities Inc

Company History and Milestones

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Comerica Incorporated has a rich history that spans several decades. The company's story began to take shape in the late 1990s with a wave of giant banking mergers.

In 1998, BankAmerica Corp. joined NationsBank Corp., and Norwest Corp. joined Wells Fargo & Co. These mergers created new superbanks that dwarfed Comerica in terms of assets, geographic reach, and range of products.

Comerica's focus on its core markets, innovation, and credit quality were key to its survival during this time. The company's leadership was also undergoing changes, with Eugene Miller taking over as president in June 1999.

Miller would later retire in 2003, at the age of 65, and would be succeeded by one of three vice-chairmen: John Lewis, Joseph Buttigieg, or Ralph Babb, Jr. In 2000, Comerica had 11,000 employees, with 1,000 of them working at its Detroit headquarters.

The company had operations in multiple states, including Michigan, Florida, Texas, California, and many others. Comerica also had a presence in international markets, including Mexico, Canada, and Hong Kong.

CEO Eugene Miller spoke about the challenges facing the banking industry in 2000, noting that the US had a high number of banks compared to other countries.

Corporate Contact and Feedback

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If you need to get in touch with Comerica Incorporated, you can reach out to their headquarters in Detroit, Michigan, where their main office is located.

Comerica Incorporated has a dedicated team that handles customer inquiries and feedback. You can contact them via phone or email to report any issues or concerns.

The Comerica Incorporated headquarters has a mailing address where you can send your feedback or comments. The address is: 111 S. Independence Blvd, Fort Worth, TX 76115.

You can also reach out to Comerica Incorporated's customer service team through their website, where you can submit a form or contact them through live chat.

Comerica Incorporated values customer feedback and uses it to improve their services. They have a system in place to respond to all customer inquiries and feedback in a timely manner.

Investment Banking Services

Comerica Incorporated offers a range of investment banking services.

Comerica Securities, a subsidiary of Comerica Incorporated, provides investment banking services to corporate clients, including mergers and acquisitions advisory, equity and debt capital markets, and strategic advisory services.

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Comerica Securities has a strong presence in the US, with a team of experienced bankers who have executed numerous transactions across various industries.

Comerica Incorporated has a long history of serving the financial needs of its clients, dating back to 1849.

With a strong commitment to understanding the needs of its clients, Comerica Securities has established a reputation for delivering tailored solutions that meet their unique objectives.

Comerica Incorporated's investment banking services are designed to help clients achieve their strategic goals, whether that involves raising capital, advising on mergers and acquisitions, or navigating complex financial transactions.

Comerica Securities' team has significant expertise in executing deals in the energy and natural resources sectors, among others.

Frequently Asked Questions

Where is Comerica's corporate headquarters?

Comerica's corporate headquarters is located in Dallas, Texas. It serves as the main hub for the company's financial services operations.

Who owns Comerica Incorporated?

Comerica Incorporated is primarily owned by institutional investors, with a smaller percentage held by insiders, public companies, and individual investors. Approximately 70% of the company's stock is held by institutional investors.

Why did Comerica move to Texas?

Comerica moved to Texas to be closer to its markets and tap into the region's vibrant and diversified economies, which will fuel accelerated growth. The company's new location in Texas will provide access to additional resources and opportunities.

What is the lawsuit against Comerica Bank?

The CFPB sued Comerica Bank for allegedly failing its 3.4 million Direct Express cardholders, primarily unbanked Americans receiving federal benefits. The lawsuit claims systematic failures affected disabled and older Americans.

Alexander Kassulke

Lead Assigning Editor

Alexander Kassulke serves as a seasoned Assigning Editor, guiding the content strategy and ensuring a robust coverage of financial markets. His expertise lies in technical analysis, particularly in dissecting indicators that shape market trends. Under his leadership, the publication has expanded its analytical depth, offering readers insightful perspectives on complex financial metrics.

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