Comerica Inc. has stolen acquisition czar Ralph W. Babb Jr. away from Mercantile Bancorp and installed him as chief financial officer at the Detroit-based bank.

Mr. Babb, who could not be reached for comment on his move, had worked for 17 years at St. Louis-based Mercantile, starting as controller and rising through the ranks to treasurer, chief financial officer, and ultimately, vice chairman. It is not clear whether he will be replaced.

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.