Comerica Urged by Investor HoldCo Asset Management to Start Sale Process

MT Newswires Live

2025/07/28

Comerica (CMA) should immediately start a process to sell itself, HoldCo Asset Management said in a presentation Monday.

HoldCo, which said it has a 1.8% stake in the company, urged Comerica to engage an investment banker and announce plans to run a marketing process for such sale.

"The financial and regulatory stars presently and uniquely align for a high-priced sale of Comerica, and this rare opportunity should not be squandered," HoldCo said.

HoldCo also urged the immediate removal of Comerica Chief Executive Curtis Farmer, accusing him of "poor management and obfuscatory communication tactics."

The company didn't immediately respond to a request for comment from MT Newswires.

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