|
|
Article: Comerica, UBS Extend Private Banking Pact.(Comerica Inc., UBS PaineWebber Inc. deal)(Brief Article)
- Article from:
- American Banker
- Article date:
- October 10, 2001
- Author:
CopyrightCOPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Comerica Inc. on Tuesday said that it had extended until 2006 an agreement with UBS PaineWebber Inc. to provide private banking services for the New York company's clients in nine states.
Comerica, based in Detroit, has provided trust and private banking services to UBS PaineWebber customers since 1995. It initially provided services only to UBS PaineWebber customers in Michigan and Florida, but later extended the agreement to include Arizona, Colorado, Minnesota, Illinois, New York, Tennessee, and Ohio.
"This alliance has significantly expanded Comerica's customer base beyond its primary markets of Michigan, California, Texas, and Florida," said David ...