Illinois

Wintrust expands in western Chicago suburbs with STC acquisition

06/05/19

The company will pick up five branches as part of the $48 million deal.

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Indictment of Manafort's banker reveals new details of loan scheme

05/23/19

Most notably, the charges indicate that Stephen Calk lied to banking regulators about what he knew when he approved loans to Paul Manafort, as well as about his interest in landing a job in the Trump administration. He faces one count of financial institution bribery.

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It was a slow month for M&A until ...

05/08/19

Consolidation activity was ho-hum for most of April before a burst of transactions — and notable ones at that — were announced in the month's final week.

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First Bank in Missouri taps insider as next CEO

05/01/19

Shelley Seifert had been the bank's chief operating officer.

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Midland States expands south of Chicago with HomeStar purchase

04/02/19

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

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Two more bank M&A advisers to merge

03/26/19

The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks.

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Harrison Steans remembered for decades of leadership in Chicago banking

02/28/19

Steans, a former LaSalle Bank chairman who also led the financial crisis recapitalization that saved Taylor Capital, died on Tuesday. He was 83.

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Wintrust plays small ball with Oak Bank acquisition

02/20/19

The Illinois company will pay $46 million for a bank that is a fraction of its size.

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First Midwest Bancorp in Chicago taps new president

01/18/19

Mark Sander, who has been with the company since 2011, succeeded Michael Schudder, who remains chairman and CEO.

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Navient must face Pa. lawsuit for alleged predatory lending

12/18/18

A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.

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