Two more bank M&A advisers to merge
The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks. ... Read full article
The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks. ... Read full article
Steans, a former LaSalle Bank chairman who also led the financial crisis recapitalization that saved Taylor Capital, died on Tuesday. He was 83. ... Read full article
The Illinois company will pay $46 million for a bank that is a fraction of its size. ... Read full article
Mark Sander, who has been with the company since 2011, succeeded Michael Schudder, who remains chairman and CEO. ... Read full article
A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit. ... Read full article
Chicago Deferred Exchange, which helps clients defer tax hits from property sales, had about $1 billion in deposit flows this year. ... Read full article
The company has agreed to by $145 million for Bridgeview Bancorp. ... Read full article
Larry Helling will take over next spring as CEO of the $4.8 billion-asset QCR Holdings, when Douglas Hultquist retires. ... Read full article
The move allows the Michigan credit union to expand its operations in Illinois and southern Wisconsin. ... Read full article
Northern Oak Wealth Management is a registered investment adviser with $800 million in assets under management. ... Read full article
The company will pay $42 million for Oak Park River Forest Bancshares. ... Read full article
The Illinois company will become one of the area's top 10 banks after buying Bank of Edwardsville. ... Read full article
Hutchinson, Shockey, Erley & Co. in Chicago focuses exclusively on municipal securities. ... Read full article
Huntington Bancshares Inc. will acquire the Chicago-based municipal shop Hutchinson, Shockey, Erley & Co. as both look to broaden their public finance reach. ... Read full article
A multimillion-dollar deal between Chicago Mayor Rahm Emanuel and Stephen Calk, the man who would later become Paul Manafort's banker, was supposed to deliver 400 new jobs to the city. Here's what really happened. ... Read full article
The big custody bank's fees surged on new business gained from its deal for UBS business units in Europe. ... Read full article
Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports. ... Read full article
A new court filing suggests that Stephen Calk was named to a 13-member economic advisory team in 2016 in exchange for approving a $9.5 million loan to former campaign manager Paul Manafort. ... Read full article
Consumer advocates are urging local governments and courts to consider a person’s ability to pay before assessing fines and fees for such infractions as unpaid traffic tickets. Such changes could help low-income households avoid bankruptcy — and perhaps ... Read full article
There's a battle being waged by Bank of Montreal and its smaller rival, Canadian Imperial Bank of Commerce, as they compete against JP Morgan Chase and almost 200 other lenders in so-called "Chicagoland" — one of the toughest banking markets ... Read full article