Comerica Climbs After CEO Says He's Willing to Sell the BankBy and
CEO Babb says Texas lender is `looking at all alternatives'
Bank is under pressure from investors as energy loans soured
Comerica Inc. climbed in New York trading after Chief Executive Officer Ralph Babb pledged to improve returns and said he’d even consider offers to sell the Dallas-based bank after it got stung financing shale drillers.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.