Rizal Commercial Banking Corporation

Comerica Bank Names Corey Bailey to Lead Middle Market & Business Banking

Retrieved on: 
Monday, August 15, 2022
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DALLAS, Aug. 15, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, has been named to the new role of Executive Vice President, Head of Middle Market & Business Banking.

Key Points: 
  • DALLAS, Aug. 15, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, has been named to the new role of Executive Vice President, Head of Middle Market & Business Banking.
  • Bailey's new role is part of Comerica's restructure within its Commercial Bank, which will feature two divisions focused on 1) Middle Market & Business Banking and 2) National & Specialty Businesses.
  • In his role, Bailey will lead the Middle Market and Business Banking segments, which provides companies with an array of credit and non-credit financial products and services, nationally.
  • In his previous role, he supported Business Banking, Captive Insurance, Energy, Environmental Services, Financial Institutions, Health & Education, International, Leasing, Middle Market-Michigan, Middle Market-Texas, Private and U.S. Banking.

Comerica Bank Promotes Michigan Leaders Mike Ritchie and Steve Davis

Retrieved on: 
Thursday, August 11, 2022
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DETROIT, Aug. 11, 2022 /PRNewswire/ -- Comerica Bank announced today the promotion of two Michigan market senior leaders into expanded roles. Mike Ritchie, currently Comerica's Michigan Market President, has been named as the newly-established Executive Vice President, Head of National and Specialty Businesses. Steve Davis, who currently serves as Senior Vice President, Middle Market Banking, will succeed Ritchie as the new Michigan Market President.

Key Points: 
  • Ritchie named new Executive Vice President, Head of National and Specialty Businesses; Davis named Michigan Market President
    DETROIT, Aug. 11, 2022 /PRNewswire/ --Comerica Bank announced today the promotion of two Michigan market senior leaders into expanded roles.
  • Mike Ritchie, currently Comerica's Michigan Market President, has been named as the newly-established Executive Vice President, Head of National and Specialty Businesses.
  • Steve Davis, who currently serves as Senior Vice President, Middle Market Banking, will succeed Ritchie as the new Michigan Market President.
  • Together, Ritchie and Davis provide over 60 years of experience supporting Comerica's customers and impacting the communities that the bank serves.

Philippines Cards and Payments Market Report 2022: Government and Central Bank Policies Encourage Electronic and Card Payments - ResearchAndMarkets.com

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Thursday, July 28, 2022
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The publisher's 'Philippines Cards and Payments - Opportunities and Risks to 2025' report provides detailed analysis of market trends in the Filipinos cards and payments industry.

Key Points: 
  • The publisher's 'Philippines Cards and Payments - Opportunities and Risks to 2025' report provides detailed analysis of market trends in the Filipinos cards and payments industry.
  • The report provides top-level market analysis, information and insights into the Filipinos cards and payments industry, including:
    Current and forecast values for each market in the Filipinos cards and payments industry, including debit, credit and charge cards.
  • In a bid to promote credit card adoption, the government passed a new law on credit card interest rates in September 2020.
  • Make strategic business decisions, using top-level historic and forecast market data, related to the Filipinos cards and payments industry and each market within it.

Little Liberia wins $100,000 Comerica Hatch Detroit Contest powered by TechTown

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Friday, July 22, 2022
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DETROIT, July 22, 2022 /PRNewswire/ -- Little Liberia has been crowned the winner of the 2022 Comerica Hatch Detroit Contest, taking home the $100,000 grand prize from Comerica Bank to open the brick-and-mortar business of their dreams in Detroit.

Key Points: 
  • DETROIT, July 22, 2022 /PRNewswire/ -- Little Liberia has been crowned the winner of the 2022 Comerica Hatch Detroit Contest, taking home the $100,000 grand prize from Comerica Bank to open the brick-and-mortar business of their dreams in Detroit.
  • As the winner of the 10th annual Hatch Off, Little Liberia will receive $100,000 from Comerica Bank and a package of pro bono support and counsel from Hatch Detroit powered by its partners to bolster its opportunity for success.
  • "We are eager to support and spotlight Little Liberia as the newest addition to the city's growing small business environment," said Vittoria Katanski, executive director, Hatch Detroit.
  • "After 10 years of the Comerica Hatch Detroit Contest, it is so evident how strong and deep the entrepreneurial spirit in Detroit runs, and Little Liberia is a prime example of tenacity and hard work paying off.

Mary Katherine DuBose Named Head of Wells Fargo’s Asset-Based Lending & Leasing Businesses

Retrieved on: 
Thursday, July 21, 2022
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Wells Fargo & Company (NYSE: WFC) announced Mary Katherine DuBose as the head of the banks secured lending division that includes asset-based lending, equipment finance, supply chain finance, and inventory finance.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced Mary Katherine DuBose as the head of the banks secured lending division that includes asset-based lending, equipment finance, supply chain finance, and inventory finance.
  • View the full release here: https://www.businesswire.com/news/home/20220721005319/en/
    Mary Katherine DuBose, head of Wells Fargo's asset-based lending and leasing businesses (Photo: Wells Fargo)
    In this role, DuBose leads key lending divisions for Commercial Banking, delivering streamlined, efficient working capital solutions to serve the needs of clients globally.
  • Through the broad portfolio of secured lending solutions, DuBose will work directly with clients, lending on a wide variety of collateral.
  • Previously, DuBose was Wells Fargos chief credit officer, responsible for the independent oversight of credit risk management practices and lending decisions across the company for line-of-business credit policies.

Citi Commercial Bank launches in Canada

Retrieved on: 
Wednesday, July 20, 2022
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TORONTO, July 20, 2022 /CNW/ - Citi (NYSE: C) has launched Citi Commercial Bank (CCB) in Canada as part of a global expansion announced earlier in 2022.

Key Points: 
  • TORONTO, July 20, 2022 /CNW/ - Citi (NYSE: C) has launched Citi Commercial Bank (CCB) in Canada as part of a global expansion announced earlier in 2022.
  • A division of Citi's Institutional Clients Group (ICG), Citi Commercial Bank was established in 2011 as a global coverage business to reach the vast middle market space.
  • "Citi Commercial Bank is complementary to our existing institutional banking and Citi Private Bank offerings.
  • Citi Commercial Bank puts 200 years of experience to work for midsized, globally oriented companies by delivering actionable insights and ideas, comprehensive banking solutions and a truly global network.

Comerica Issues 2021 Corporate Responsibility Report

Retrieved on: 
Wednesday, July 6, 2022
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DALLAS, July 6, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) released its 2021 Corporate Responsibility Report detailing advancements made on key environmental and social matters.

Key Points: 
  • DALLAS, July 6, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) released its 2021 Corporate Responsibility Report detailing advancements made on key environmental and social matters.
  • "At Comerica, we have identified key environmental and social issues where we have the ability to drive positive outcomes and help customers meet their own ever-evolving needs," said Curt Farmer, Chairman and Chief Executive Officer, Comerica Bank and Comerica Incorporated.
  • Comerica's 14th annual Corporate Responsibility Report details the company's progress in 2021 in the following areas:
    More than 50,000 low- to moderate-income individuals took part in Comerica $ense financial education sessions with nonprofit partners for adult, seniors, youth (including pre-K) and young adults, representing a 45% increase from 2020 outreach.
  • In November 2021, Comerica announced the establishment of an Office of Corporate Responsibility that reports directly to Farmer.

Vickie Cohn Named Comerica Bank Central & South Texas Retail Regional Director

Retrieved on: 
Tuesday, July 5, 2022
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HOUSTON, July 5, 2022 /PRNewswire/ --Comerica Bank has announced Vickie Cohn will lead its Central and South Texas retail team, replacing Theresa Bazan, who recently was promoted to National Sales Enablement Director for Consumer and Small Business Banking.

Key Points: 
  • HOUSTON, July 5, 2022 /PRNewswire/ --Comerica Bank has announced Vickie Cohn will lead its Central and South Texas retail team, replacing Theresa Bazan, who recently was promoted to National Sales Enablement Director for Consumer and Small Business Banking.
  • "Vickie brings an incredible wealth of knowledge and experience to the Regional Director role," Rhonda Davenport, National Retail Banking Director, said.
  • Cohn, who has more than 25 years of retail banking experience, joined Comerica in 2009 and most recently managed the Houston North District.
  • Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered inDallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management.

ASEAN's most influential fintech event - WFIS, now ready to disrupt Philippines' FSI market

Retrieved on: 
Tuesday, July 5, 2022
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WFIS 2022 - Philippines, a 2-day FSI summit, will shed light on Philippines' fintech market on 16-17 August 2022 at Sofitel Philippine Plaza in Manila.

Key Points: 
  • WFIS 2022 - Philippines, a 2-day FSI summit, will shed light on Philippines' fintech market on 16-17 August 2022 at Sofitel Philippine Plaza in Manila.
  • The event will attract 600+ technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the Philippines.
  • The two-day event will also feature live showcase of the best FSI solutions from the leading organizations and a lot more.
  • As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.

2022 Comerica Hatch Detroit Contest Reveals Top 10 Semifinalists

Retrieved on: 
Friday, June 17, 2022
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DETROIT, June 16, 2022 /PRNewswire/ -- The wait is over! The Comerica Hatch Detroit Contest powered by TechTown, which has launched some of Detroit's most popular neighborhood storefronts, has officially named its top 10 semifinalists. These businesses have the opportunity to make their dream of owning a brick-and-mortar Detroit, Hamtramck or Highland Park storefront a reality by winning $100,000 in startup funds from Comerica Bank, as well as a package of accounting, legal, IT and public relations support from Hatch Detroit and its partners.

Key Points: 
  • The Comerica Hatch Detroit Contest powered by TechTown,which has launched some of Detroit's most popular neighborhood storefronts, has officially named its top 10 semifinalists.
  • The four finalists of the 2022 Comerica Hatch Detroit Contest will be announced Friday, June 24, and the final round of public voting will follow before wrapping up on Thursday, June 30.
  • "The Comerica Hatch Detroit Contest incentivizes innovation, creative thinking and originality that ultimately contributes towards Detroit's revitalization.
  • The winner of the 2022 Comerica Hatch Detroit Contest will be chosen through a combination of the public's vote and judges' deliberations.