Comerica

AECOM announces appointment of Derek Kerr to its Board of Directors

Retrieved on: 
Monday, November 13, 2023

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced the appointment of Derek Kerr to its Board of Directors.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced the appointment of Derek Kerr to its Board of Directors.
  • Mr. Kerr brings to the Board extensive executive, finance and accounting expertise having previously served several leadership roles at the American Airlines Group, Inc., most recently as Vice Chair and President of American Eagle.
  • In addition, Mr. Kerr previously served as Executive Vice President and Chief Financial Officer of American Airlines.
  • “I am pleased to welcome Derek Kerr to our Board of Directors,” said Douglas Stotlar, AECOM’s chairman of its Board of Directors.

Parties Close Arrangement for Ameriprise to Become Comerica’s New Investment Program Provider

Retrieved on: 
Monday, November 13, 2023

Ameriprise Financial, Inc. (NYSE: AMP) and Comerica, Inc. (NYSE: CMA) today announced that Ameriprise Financial Services, LLC and Comerica (through certain affiliates) have closed the arrangement in which Ameriprise has become Comerica’s new investment program provider.

Key Points: 
  • Ameriprise Financial, Inc. (NYSE: AMP) and Comerica, Inc. (NYSE: CMA) today announced that Ameriprise Financial Services, LLC and Comerica (through certain affiliates) have closed the arrangement in which Ameriprise has become Comerica’s new investment program provider.
  • As such, Comerica has transitioned support of specific insurance, brokerage, and investment advisory activities to the Ameriprise Financial Institutions Group (AFIG).
  • The new name representing this strategic relationship is Comerica Financial Advisors, powered by Ameriprise Financial.
  • “We’re excited about the opportunities ahead as we bring the full strength of Ameriprise to Comerica’s financial advisors and their clients.”

Comerica Bank Exceeds Three-Year, $5 Billion Small Business Lending Commitment

Retrieved on: 
Thursday, December 14, 2023

DALLAS, Dec. 14, 2023 /PRNewswire/ -- Comerica Bank announced today that it has exceeded the three-year, $5 billion small business lending commitment first announced in May 2021. Through 2023 third quarter earnings, Comerica Bank has achieved 102% of its commitment since the bank's initial announcement.

Key Points: 
  • Innovative products, services and resources driving Comerica's small business banking transformation, reach and growth
    DALLAS, Dec. 14, 2023 /PRNewswire/ -- Comerica Bank announced today that it has exceeded the three-year, $5 billion small business lending commitment first announced in May 2021.
  • The impact of Comerica's small business lending commitment has supported over 15,000 small businesses across its entire footprint.
  • Since May 2021, Comerica has added over 100 small business bankers, new digital solutions and innovative small business products and services.
  • Comerica Small Business Convenient Capital™ powered by Amount : Comerica Bank's first fully digital, end-to-end new lending platform provides convenient access to capital and innovative value-added benefits for Comerica small business customers.

Detroit Lions, Comerica Bank Collaboration Returns to "Double the Impact" for My Cause My Cleats Campaign

Retrieved on: 
Thursday, December 7, 2023

DETROIT, Dec. 7, 2023 /PRNewswire/ -- The Detroit Lions and Comerica Bank announced today their community collaboration as part of the annual My Cause My Cleats campaign, encouraging the community to "Double the Impact" by donating to F.A.R.M. Family Assistance for Renaissance Men, a non-profit organization focused on the rehabilitation and reuniting of fathers with their children.

Key Points: 
  • For the first $100,000 donated to the campaign, the Detroit Lions Foundation will match each of those dollars contributed through Sunday, December 10.
  • To contribute to the collaboration, Comerica Bank is donating the $10,000 F.A.R.M., a 2023 Detroit Lions Inspire Change social justice initiative grantee and community partner of Comerica Bank.
  • In the first year of the Lions and Comerica's My Cause My Cleats collaboration, the "Double the Impact" campaign raised over $102,000 for the Pure Heart Foundation .
  • The My Cause My Cleats initiative between the Lions and Comerica expands upon their existing partnership and the community impact programs.

CCEDA UNVEILS SURVEY INTO BANK SUPPORT FOR CALIFORNIA CDCS AND CDFIS

Retrieved on: 
Wednesday, November 29, 2023

LOS ANGELES, Nov. 27, 2023 /PRNewswire/ -- California Community Economic Development Association (CCEDA) in collaboration with Rise Economy, formerly known as the Community Reinvestment Coalition, has released the results of a survey aimed at illuminating the funding landscape for Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) across California. Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).

Key Points: 
  • Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).
  • The top two banks cited by CDCs and CDFIs, especially BIPOC led CDFIs, were JP Morgan Chase and Wells Fargo Bank, while a large number of CDCs, more almost 40%, pointed to NO bank support.
  • "This report stands as an important instrument in encouraging bank backing for the invaluable efforts of CDCs and CDFIs in California," stated Roberto Barragan, Executive Director at CCEDA.
  • Fifty five banks were listed in the survey including JPMorgan Chase (including First Republic), Bank of America, Citibank, Wells Fargo Bank, US Bank (including Union Bank), PNC Bank, Goldman Sachs, Capital One, BMO (including Bank of the West), First Citizens Bank, Morgan Stanley, Ally Bank, HSBC, City National Bank, Comerica Bank, Western Alliance Bank, EastWest Bank, Umpqua Bank, Pacific Western Bank, First Bank, Cathay Bank, Pacific Premier Bank, Bank of Hope, Mechanics Bank, Banner Bank, First Foundation Bank, and Farmers and Merchants Bank (Long Beach).

Comerica to Participate in Goldman Sachs 2023 US Financial Services Conference; Announces Details for Conference Call to Review Fourth Quarter 2023 Earnings

Retrieved on: 
Tuesday, November 21, 2023

On each webcast, Comerica may discuss or disclose material business, financial or other information not contained in the conference presentation, financial results, earnings presentation, or in other prior disclosure.

Key Points: 
  • On each webcast, Comerica may discuss or disclose material business, financial or other information not contained in the conference presentation, financial results, earnings presentation, or in other prior disclosure.
  • Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management.
  • Comerica, one of the 25 largest U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful.
  • Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico.

Interpace Biosciences Announces Record Third Quarter 2023 Financial and Business Results

Retrieved on: 
Wednesday, November 8, 2023

Q3 Revenue of $9.1 million; an 11% increase year-over-year

Key Points: 
  • Q3 Revenue of $9.1 million; an 11% increase year-over-year
    Q3 Reimbursement improvement up 11% year-over-year, driven by additional commercial contracts and collection initiatives
    PARSIPPANY, NJ, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced financial results for the third quarter ended September 30, 2023 and provided a business and financial update.
  • Third quarter Net Revenue was $9.1 million, a $0.9 million increase over third quarter 2022.
  • Loss from continuing operations in the third quarter of 2023 was $0.5 million, an improvement of $0.7 million from the prior-year quarter’s loss of $1.3 million.
  • Q3 represented the 3rd consecutive quarter of double-digit volume and revenue growth in 2023 compared to 2022, according to Chris McCarthy, Chief Financial Officer.

Comerica Incorporated Names Brian Goldman Chief Risk Officer

Retrieved on: 
Thursday, November 9, 2023

DALLAS, Nov. 9, 2023 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that Brian Goldman has been named Senior Executive Vice President and Chief Risk Officer, effective Dec. 4, 2023. Goldman will succeed Jay Oberg, Senior Executive Vice President and Chief Risk Officer, who is expected to retire in December 2024, following more than 32 years with Comerica. Oberg will remain a senior executive vice president at Comerica until his retirement.

Key Points: 
  • DALLAS, Nov. 9, 2023 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced that Brian Goldman has been named Senior Executive Vice President and Chief Risk Officer, effective Dec. 4, 2023.
  • Goldman will succeed Jay Oberg, Senior Executive Vice President and Chief Risk Officer, who is expected to retire in December 2024, following more than 32 years with Comerica.
  • As Chief Risk Officer, Goldman will report directly to Comerica Chairman, President and Chief Executive Officer Curt Farmer, as well as to the Enterprise Risk Committee of the Comerica Incorporated Board of Directors.
  • Goldman was previously the Chief Risk Officer for the Operations Division before serving as Head of Enterprise Risk Management where he established the organization's Enterprise Risk Management framework.

Ryan E. Bowen: Renowned Black Entrepreneur, Former Major League Baseball Player, and Dream Exchange Ambassador

Retrieved on: 
Thursday, October 26, 2023

CHICAGO, Oct. 26, 2023 /PRNewswire/ -- Dream Exchange , the first minority stock exchange in formation, is proud to announce that Ryan E. Bowen, a distinguished black entrepreneur and former Major League Baseball player, has joined the mission as a Dream Exchange Ambassador.

Key Points: 
  • CHICAGO, Oct. 26, 2023 /PRNewswire/ -- Dream Exchange , the first minority stock exchange in formation, is proud to announce that Ryan E. Bowen, a distinguished black entrepreneur and former Major League Baseball player, has joined the mission as a Dream Exchange Ambassador.
  • Leveraging his success in sports, Mr. Bowen transitioned into entrepreneurship and has since become a prominent figure in the business world.
  • "I am honored to join Dream Exchange as an Ambassador and to be part of a groundbreaking initiative that prioritizes diversity and fairness in the financial world.
  • "Our Dream Exchange Ambassadors play a pivotal role in advancing our mission of fostering fairness and equity in the public capital markets.

CMA DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Comerica Incorporated Investors to Secure Counsel Before Important October 20 Deadline in Securities Class Action Commenced by the Firm - CMA

Retrieved on: 
Wednesday, October 18, 2023

WHAT TO DO NEXT: To join the Comerica class action, go to https://rosenlegal.com/submit-form/?case_id=16714 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Comerica class action, go to https://rosenlegal.com/submit-form/?case_id=16714 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.