Comerica Inc: Case Study

Satisfactory Essays
1. Which bank is Mike Mayo pushing to sell itself?
Mike Mayo is pushing to a sale on Comerica Inc.
2. Do you think the bank would be able to better cut costs as part of a larger bank? Why or why not?
By being part of a larger bank, it would be assumed that the larger bank would try to assist Comerica Inc. in cutting costs since they would want to earn a profit on the investment they had made.
3. Will a sale help the bank deal with souring loans it made in the energy industry? Why or why not?
The sale will not help this bank deal with sourcing loans made because the risk of them defaulting was already there prior to the thought of purchasing the bank. Just because a loan holder has changed hands does not mean that the individual company that
Get Access