Comerica Bank adds investment banking group [Logo: Comerica]
Comerica Securities, a subsidiary of Dallas-based Comerica Bank, has launched a new investment banking group that is national in scope.
Comerica said the new team expands the capital markets solutions and services it offers commercial and wealth management clients to include mergers and acquisitions and private placement advisory services.
“As a leading business bank, we strive to provide our clients with a comprehensive suite of products and services,” Bill Murdoch, executive vice president, head of Comerica Capital Markets, said in a statement. “The addition of M&A and private placement advisory services is an exciting development in the growth of Comerica’s capital markets capabilities, allowing us to better support our clients in achieving their growth and ownership strategies.”
Group members are initially based at Comerica’s Dallas headquarters and Detroit office.
Jack Mayer, head of investment banking, will lead the division. He joined Comerica in May 2022 after holding senior management positions at top-tier firms including UBS, Capstone, Credit Suisse and Donaldson, Lufkin & Jenrette (DLJ).
Mayer is joined on the investment banking team by:
- Nicholas Amos, managing director, investment banking, joined Comerica in August and has more than 30 years of M&A advisory experience with leadership roles at firms including AMS Advisors, Bear Stearns & Co., Credit Suisse and DLJ.
- Jeff Wilson, managing director, investment banking, joined Comerica in September after serving as managing director of American Industrial Acquisition Corp. His more than 25 years of M&A advisory experience includes various leadership roles at Houlihan Lokey.
- Brian Miller, director of investment banking, is a Comerica veteran with more than 16 years of experience. He joined the bank as a senior credit analyst and has held various management positions. Most recently, he was a vice president in the Environmental Services Division.
In addition to Texas, Comerica Bank locations can be found in Michigan, California, Florida and Arizona. Comerica also has select businesses operating in Canada and Mexico. Comerica reported total assets of $85.4 billion as of Dec. 31.
Enter the list.
Dallas innovates, every day.
Sign up to follow what’s new and next in Dallas-Fort Worth every day.
READ THE NEXT
-
Dallas-based financial services giant Comerica Bank has appointed Trent Sampson, Jerry Collazo and Adriana Najera to its newly formed business banking team in South Dallas, which is led by group manager Derrick Hicks. “As a leading bank for businesses, it is imperative that we raise expectations in all the communities in which we live and serve,” Comerica Bank Dallas Market President Amanda Mahaney said in a statement. “For many years, we have provided retail banking services and made investments to the South Dallas community. Derrick and his team will now focus on finding access to capital solutions for underserved entrepreneurs and…
-
The banking giant said that through its new SmallBizCo-Op concept, Comerica will share its assets and resources with small business customers in the region to help them achieve their goals and receive the benefits usually reserved for big business. “These capabilities are designed to provide real value to our customers” — allowing them to “help strengthen their own customer relationships,” said Cassandra McKinney, CEO of Comerica’s Retail Bank.
-
Dallas-based Comerica Inc. promoted three executives to newly created positions effective January 27. Peter Sefzik, executive vice president, executive director of Commercial Bank, will assume the role of senior executive vice president and chief banking officer. Megan Crespi, executive vice president, chief enterprise technology and operational services officer, will become senior executive vice president, chief operating officer. Megan Burkhart, EVP, Chief Human Resources Officer, will assume the role of Senior EVP, Chief Administrative Officer. All three will continue to report to Comerica Chairman and CEO Kurt Farmer. “Each of these individuals brings unique experience, proven track records and demonstrated leadership to their roles,” said Farmer…
-
![Introducing the new Business and Innovation Center at The Star in Frisco. [Rendering: HKS]](https://s24806.pcdn.co/wp-content/uploads/2022/09/Comerica-Bank-Is-building-a-new-Business-and-Innovation-Hub-at-The-Star-in-Frisco-970x464.jpg)
The center, slated to open in late 2023 or early 2024, will house about 300 employees and offer opportunities for “cross-functional collaboration.” From a balcony overlooking an innovation center and tech genius bar, Comerica says the Frisco center will complement its downtown Dallas headquarters. Expanding Comerica’s footprint to “one of the most desirable locations for business and innovation in the U.S.” positions the bank for future success, says a Comerica executive vice president.
-
In this week’s roundup of North Texas hiring, promotions and honors, you’ll also find news from Ecobat, Wingstop, ActivePure Technologies, Communities Foundation of Texas, Texas Health Resources and other area organizations. Plus, meet the UT Arlington professor who’s helping lead a NASA mission.