BANKING/FINANCE
Compiled by James S. Granelli / Times staff writer
No Buyers, No Sale: The departure of Ferguson and Hoyt, along with a third top executive, Thomas Poulos, this week, again raised questions of whether CommerceBank might be up for sale.
“Our situation is same as before. Our posture has not changed,” Gossert said.
For the right price, any bank is for sale, and CommerceBank is no different, he said. But the price for his bank has been too high in the past to attract any offers, he said.
“Besides,” Gossert said, “there are no buyers out there anyway.”
