Comerica Annual Report 2020

S S S

-=: 7DGGDL:G H HDJG8:H 6C9 JH:H D; ;JC9H -=: 7DGGDL:G H 9:7I H:GK>8: 86E68>IN

-=: C6C8>6A HIG:C

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

Made with FlippingBook - professional solution for displaying marketing and sales documents online