Illinois

CIBC boosts PrivateBancorp offer, lifting cash portion by 12%

05/04/17

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.

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

04/13/17

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.

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

03/16/17

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.

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First Busey to acquire Mid Illinois Bancorp

03/13/17

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

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Credit union to buy branches, deposits of failed Chicago bank

03/10/17

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

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First Midwest buys investment adviser in Chicago

03/07/17

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

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PrivateBancorp setting new date for shareholder vote on sale to CIBC

03/06/17

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.

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First Eldorado to buy eight Illinois branches from MidCountry Bank

02/22/17

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

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Midland States to buy Centrue Financial in Illinois

01/26/17

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

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Mortgage banking, M&A fuel profits at Wintrust Financial

01/19/17

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.

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