09:02 AM EDT, 07/28/2025 (MT Newswires) -- Comerica ( CMA ) should immediately start a process to sell itself, HoldCo Asset Management said in a presentation Monday.

HoldCo, which said it has a 1.8% stake in the company, urged Comerica ( CMA ) to engage an investment banker and announce plans to run a marketing process for such sale.

"The financial and regulatory stars presently and uniquely align for a high-priced sale of Comerica ( CMA ), and this rare opportunity should not be squandered," HoldCo said.

HoldCo also urged the immediate removal of Comerica ( CMA ) Chief Executive Curtis Farmer, accusing him of "poor management and obfuscatory communication tactics."

The company didn't immediately respond to a request for comment from MT Newswires.