$100,000 Comerica Hatch Detroit Contest by TechTown returns to find Detroit’s next winning brick-and-mortar small business

[ad_1] Applications now open for 12th annual entrepreneurial contest DETROIT, Jan. 3, 2024 /PRNewswire/ — Comerica Bank and TechTown Detroit are gearing up for the return of the Comerica Hatch…

Comerica Bank Surpasses Three-Year, $5B Small Business Lending Commitment

[ad_1] A rendering of the new Comerica BusinessHQ collaborative space on R.L. Thornton in Dallas. [Image: Comerica Bank] Dallas-based banking giant Comerica Bank announced that it has exceeded the three-year,…

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

[ad_1] 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,…

WSJ News Exclusive | Texas Bank Overdraws Its Own Accounts After Messy Tech Update

[ad_1] Regulators are probing Comerica after a botched technology upgrade left the bank’s wealth-management unit short millions of dollars. The Office of the Comptroller of the Currency has been looking…

Ilitch organization said to want Wayne County’s land sale proceeds for Comerica upgrades

[ad_1] Negotiations between Wayne County and the Ilitch organization over land next to Comerica Park continue to drag on, pushing back construction of the $1.5 billion District Detroit development. The…

Higher Rates Have Bank Stocks on the Mat

[ad_1] The KBW Nasdaq Bank Index is trailing the broader market by 37 percentage points this year. [ad_2] Source link

Banks Lean On ‘Hot’ Deposits to Shore Up Balance Sheets

[ad_1] Brokered deposits are more expensive for banks, but for some the high cost of funding is worth it. [ad_2] Source link

Comerica Bank’s New Digital Lending Platform Boosts Access to Capital for Small Businesses

[ad_1] Comerica Bank, in collaboration with Amount, a digitally enabled lender, has launched Comerica Small Business Convenient Capital, a fully digital, new lending platform for small businesses across the country.…

Comerica Launches ‘Convenient Capital’ Lending Platform for Small Businesses

[ad_1] Omar Salah, EVP and head of small business banking at Comerica Bank [Photo: Comerica] Dallas-based Comerica Bank has launched its first fully digital, end-to-end lending platform to provide convenient…

Stocks Rise as S&P 500, Nasdaq Notch Fresh 2023 Highs

[ad_1] The rally has been powered primarily by a slim cohort of mega-cap technology stocks. [ad_2] Source link