Comerica Bank Inaugurates Technology and Life Sciences Division.Business Editors/High-Tech Writers MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Oct. 2, 2001 Comerica Bank (NYSE NYSE See: New York Stock Exchange :CMA CMA - Concert Multithread Architecture from DEC. ) announced today that the name of its technology banking practice is the Technology and Life Sciences Division. The group, with 18 offices in technology centers across the country, has the expertise and resources to work with both early-stage and more mature companies. Its personnel are from Comerica's High Technology Group and Imperial's Emerging Growth Division. "Our combined organization offers customers the broad expertise gained from our historic approaches to the technology and life sciences worlds," said Richard Casey Richard Casey may refer to:
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. financing solutions to mid-size and larger public and private technology and life sciences companies." In keeping with past practice, each Comerica Technology and Life Sciences Division office is staffed with experienced lenders who are knowledgeable about their specific markets as well as the technology and life sciences industries as a whole. In addition to providing a wide range of deposit and lending services, this team also offers clients the full complement of Comerica's services, which include cash management, investments and international finance. Munder Capital, a Comerica affiliate, is available to work with clients that are interested in taking advantage of their experience in the investing arena. "Our merged, $49 billion bank has plenty of capacity to meet the needs of all our clients, large and small. In particular, our lending capacity is much greater than that of the other specialized players in our market," said David Stearns, senior vice president and western regional manager of the Technology and Life Sciences Division. "That means we are able to meet clients' needs as they grow, so they don't face the prospect of having to switch banks when they require a greater depth of service." About Comerica's Technology and Life Sciences Division Comerica Bank's Technology and Life Sciences Division, which was created when Comerica Incorporated acquired Imperial Bancorp, is one of the nation's leading technology banking practices, offering a wide range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. tailored to corporate customers, entrepreneurs and professionals. Veteran bankers provide credit and financial services and products to young, growing, professionally backed technology and life sciences companies as well as their more mature counterparts in the computer products, Internet services, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , life sciences and e-commerce industries. From 18 offices located across the U.S., Comerica's Technology and Life Sciences Division serves all major technology centers. Comerica Incorporated is the 17th largest bank holding company in the nation, with $49 billion in assets. For more information, visit www.comerica.com. About Munder Capital Management Munder Capital Management is a leading U.S. money management firm with $38 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , including more than 30 long-term mutual funds. Founded in 1985, the firm provides investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to a wide range of clients, including corporations; foundations; charitable trusts The arrangement by which real or Personal Property given by one person is held by another to be used for the benefit of a class of persons or the general public. ; state, municipal and county government retirement plans; insurance companies; unions and individuals. Additional information on the firm and its mutual funds is available on its website at www.munder.com. |
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