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COMERICA MOVES INTO CANADA

Michigan-based commercial bank Comerica Inc. set up shop north of the border this week. The company opened a branch in Toronto that will offer a range of corporate banking and trade services to middle-market and large corporations. Comerica U.S. corporate communications vice-president Wayne Mielke told Adnews yesterday that the company will promote itself in Canada using direct contact with potential customers including letter writing, face-to-face selling and by telephone, all handled in-house. In addition to the new Canadian subsidiary, Comerica also operates in Texas, California, Florida and Mexico.

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