The banking industry will face an AI shockwave, with 0.2 million jobs potentially being eliminated.
Analysts claim that the backend, middle office, and Operation departments face the highest risk of layoffs, with repetitive tasks being particularly vulnerable.
Raymond James Maintains Comerica(CMA.US) With Buy Rating, Raises Target Price to $75
RBC Capital Maintains Comerica(CMA.US) With Buy Rating, Cuts Target Price to $78
Comerica Cut to Neutral From Buy by Goldman Sachs
RBC Trims Price Target on Comerica to $78 From $79, Keeps Outperform Rating
Regional Banks Can Thrive Despite Big Bank Dominance: Truist Securities Highlights Three Key Paths For Thriving Regional Banks
Express News | Comerica Inc : Raymond James Raises Target Price to $75 From $70
Yield Curve Normalization, Cheap Valuation, EPS Growth To Boost Banks In 2025: Truist Initiates Coverage On These 14 Regional Names
J.P. Morgan Maintains Comerica(CMA.US) With Hold Rating, Cuts Target Price to $70
Comerica Price Target Cut to $70.00/Share From $73.00 by JP Morgan
Are Regional Banks The Next Big Opportunity? Wall Street Analysts Bet Big On Multiyear Rally
J.P. Morgan Keeps Their Hold Rating on Comerica (CMA)
Goldman Sachs Downgrades Comerica(CMA.US) to Hold Rating, Cuts Target Price to $71
Goldman Sachs Maintains Comerica(CMA.US) With Hold Rating, Maintains Target Price $71
Express News | Comerica Inc : Truist Securities Initiates Coverage With Hold Rating; Price Target $65
Signals of Trump 2.0 going for deregulation? The Vice Chairman of the Federal Reserve in charge of financial regulation will resign early after Trump takes office.
According to the Federal Reserve's statement, Barr's resignation will take effect no later than February 28, and he will continue to serve as a Federal Reserve Governor until the term ends. The statement implies that he is stepping down as Vice Chairman of Supervision more than a year early to avoid potential legal disputes with the Trump administration. The media reports that Barr's decision does not indicate that Powell will also step down from the position of Federal Reserve Chairman early, but it casts a shadow over the prospects of the USA implementing new banking regulations that increase capital requirements.
To avoid potential conflicts with the Trump administration, the Vice Chairman of the Federal Reserve responsible for bank supervision has resigned.
Michael Barr, the Vice Chairman of the Federal Reserve responsible for bank regulation, will resign from this position on February 28.
Comerica Is Maintained at Underweight by Barclays
Comerica Analyst Ratings
Morgan Stanley Maintains Comerica(CMA.US) With Hold Rating, Maintains Target Price $76