CIBC boosts PrivateBancorp offer, lifting cash portion by 12%


Canadian Imperial Bank of Commerce increased its offer for PrivateBancorp Inc. by $3 a share in cash to offset the decline in the bidder's stock price.


Chicago bank, ex-CEO tussle over job performance in discrimination case


Yman Vien says she lost her job at American Metro Bancorp because of her gender. The bank says the move was tied to poor decisions that led to a regulatory order in 2009.


How one bank found itself in the middle of the immigration debate


Devon Bank in Chicago has a long history serving immigrant groups in one of the nation's most diverse neighborhoods. Right now, its clients are worried about President Trump's actions on immigration and deportation.


First Busey to acquire Mid Illinois Bancorp


First Busey will pay $133 million in cash and stock for Mid Illinois in a deal that should close later this year.


Credit union to buy branches, deposits of failed Chicago bank


State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union.


First Midwest buys investment adviser in Chicago


Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth.


PrivateBancorp setting new date for shareholder vote on sale to CIBC


The Chicago company postponed a vote planned late last year after a surge in bank stocks changed the math behind the cash-and-stock transaction.


First Eldorado to buy eight Illinois branches from MidCountry Bank


The move will more than double the size of Eldorado's branch network, while allowing MidCountry to exit the market.


Midland States to buy Centrue Financial in Illinois


The merger will create a bank with more than $4 billion in assets.


Mortgage banking, M&A fuel profits at Wintrust Financial


Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 54% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income.