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Stock Market & Financial Investment News

News Breaks
August 13, 2014
10:01 EDTCMAComerica Chief Credit Officer John Killian to retire in May 2015
Comerica Incorporated announced that John M. Killian, Chief Credit Officer, will retire in May 2015 following a 40-year career with the bank. Peter W. Guilfoile, EVP and National Credit Administration Manager, will serve as the new Chief Credit Officer effective Feb.1, 2015, and will become a member of Comerica's Management Policy Committee at that time. He will report to Ralph W. Babb Jr., Comerica Chairman and CEO.
News For CMA From The Last 14 Days
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December 5, 2014
13:26 EDTCMAComerica, BB&T, KeyCorp seen as potential activist targets, TheStreet says
The co-founder of PL Capital, Richard Lashley, expects shareholder activism to move from community banks to larger regional banks, including lenders like Comerica (CMA), BB&T Corp. (BBT), and KeyCorp (KEY), reported TheStreet, citing comments made during a panel on investment strategy during The Deal Economy Event at the Nasdaq Exchange. After the next presidential cycle, "When stress tests are done, when Basel is settled, and Congress will realize [the banks] have too much capital," Lashley expects more M&A in the sector, TheStreet quoted him as saying. Reference Link

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