Illinois

Midland States in Ill. revamps equipment finance unit

01/09/18

The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri.

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Old Second in Illinois to buy Greater Chicago Financial

12/27/17

The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank.

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First Mid-Illinois to buy First BancTrust

12/12/17

The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois.

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Wintrust in Ill. to buy consumer direct mortgage lender

12/12/17

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.

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This bank's sale was a team effort

12/08/17

Alpine Bancorp. in Illinois made its sale a highly inclusive process, forming a special evaluation team of senior leaders to help top management review offers.

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Byline in Chicago announces first acquisition since July IPO

11/27/17

The company agreed to pay $169 million for First Evanston Bancorp in Illinois.

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How one M&A deal at Midland States led to another — its biggest yet

10/18/17

The Illinois company, four months removed from its last bank acquisition, just announced the biggest purchase in its history. Alpine Bancorp. will add low-cost deposits and scale to Midland States' wealth management business.

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Northern Trust ramps up cost-cutting plans despite strong 3Q

10/18/17

Profits at the custody bank rose 16%, but it announced a new streamlining program that is expected to generate yearly savings of $250 million by 2020.

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Northern Trust promotes Michael O'Grady to CEO

10/17/17

Frederick Waddell will retire as CEO of the Chicago custody bank at the end of 2017 but will remain chairman.

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First American to buy Southport Financial

09/20/17

The cash acquisition allows First American to expand its operations in Kenosha, Wis.

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