Daily News: August 20, 2014

Cole Taylor Business Capital Now MB Business Capital

Cole Taylor Business Capital is now MB Business Capital, as MB Financial completed its acquisition of Taylor Capital Group.

MB Financial Bank President and CEO Mark A. Hoppe said, “The combination of Cole Taylor Bank and MB Financial Bank creates a nearly $15 billion organization dedicated to the needs of business. Our combined resources, experience and expertise will allow MB Financial Bank and MB Business Capital to focus even more on helping our clients and prospects succeed.”

Michael Sharkey, president of MB Business Capital, said, “The merger with MB Financial Bank will allow us to offer an even broader array of competitively priced products and services. I’m delighted that our team has joined the MB team and am confident that the combined organization will be an even stronger ally for our clients.”

Previously on abfjournal: MBFI Merges Cole Taylor into MB Financial, August 19, 2014