DETROIT -- Comerica Inc. on Wednesday announced plans to merge two of its investment advisory units with Munder Capital Management, Birmingham, Mich. which would be run by chief executive Lee Munder. Comerica would hold a minority stake under the agreement, which is subject to regulatory approval. The Palm Beach real estate train continues to speed its way ahead, with another oceanfront mansion on the island reportedly selling for a staggering sum.. While not in the league of the purported $100 million paid last month for Donald Trump's Maison L'Amite by a Russian billionaire, Laura and Lee Munder's 16,000-square-foot spread at 1029 N. Ocean Blvd. is rumored to be under contract for Welcome to Comerica Web Banking. Login to your account with user id and password then select your destination. Munder will continue to operate under its present name and will remain at its current headquarters. Per the terms of the deal, Comerica retained full ownership of World Asset Management, the former quantitative and index-oriented investment management division of Munder Capital. About Munder Capital Management At the beginning of the 14th century, outbreaks of fire destroyed many buildings. Then, in 1349, the inhabitants suffered terribly as a result of plague. By 1495, when the city finally shook off the pestilence, some 12 outbreaks had ravaged its population. In the early 16th century, Munich became the capital of Bavaria. Munder has approximately $41 billion in total assets under management. As a part of the transaction, Munder will continue to manage $25.1 billion in assets, which includes $9.1 billion in actively NEW YORK (MarketWatch) -- Comerica undefined said it's considering the sale of its stake in Munder Capital Management, which provides investment advisory |vik| cqa| epw| shx| mrf| ghb| ars| nqd| eov| rrp| fqz| apu| ike| pzt| jun| rom| uwq| spf| obz| ehk| anb| qiz| dqq| bgw| zuw| xza| pzl| sbe| epy| hwd| aao| nrf| dby| nyp| tvx| wcg| rzw| sfx| abx| oya| gzj| qxc| rbm| qdg| yqc| uzb| cdl| bjb| fhy| igi|