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Comerica Bank (Canada Branch) |
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Comerica Incorporated is a
financial services company headquartered in Dallas, strategically aligned
into three major business segments: The Business Bank, The Retail Bank, and
Wealth & Institutional Management. Comerica is a multi-faceted corporation
with an abiding sense of community. The Comerica service area also extends
into Canada and Mexico. The North American platform enables the Bank to
fulfill the U.S., Mexican and Canadian dollar-based needs of the commercial
customers.
Comerica is very committed to
sound corporate governance practices. The Bank believe that strong corporate
governance is important, and that integrity and trustworthiness are the
cornerstones upon which successful companies are built. Comerica’s Wealth
Management team is dedicated to understanding and responding to your
distinct needs and goals and to incorporating a full spectrum of services to
shape your financial future.
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Comerica Bank Canada
branch committed to
develop and deliver the most innovative products, manage customer
experience, deliver quality service that contribute to brand strength,
develop a competitive advantage and enhance profitability, thus providing
value to the stakeholders of the bank. |
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Comerica Bank (Canada Branch)
Category : Schedule III
SWIFT Code : MNBDCATT
Address :
Suite 2200, South Tower
Royal Bank Plaza, 200 Bay Street
Toronto, Ontario M5J 2J2
Canada
Telephone : +1 (416) 367-3113
Website : www.comerica.com |
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Unlike the
Schedule I and
Schedule II banks,
as a Schedule III bank, Comerica Bank (Canada branch) are NOT incorporated under the Bank Act and therefore
operate in Canada under other government-mandated restrictions.
Schedule III banks usually
operate within the country's largest cities
(being Toronto, Montreal, Calgary and Vancouver), under certain restrictions
mentioned in the Act. As of October 2010, there were 23 such banks in
Canada.
In Canada, the Office of the Superintendent of
Financial Institutions (OSFI) is responsible for administering a number of
federal statutes, including the Bank Act and the Trust and Loan Companies
Act, the statutes applicable to the regulation of banks and federal trust
and loan companies.
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