DETROIT -- The merger of Comerica Inc. and Manufacturers National Corp. took effect Thursday.

The combined company, known as Comerica Inc., has $24 billion in assets, more than 300 offices, and 9,600 employees. The subsidiary banks are to merge in August or September.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.