MB Financial added seven new members to its Healthcare Banking team. Leading the team will be Co-Heads Donika Schnell and Alan Kohn who will be based in Palm Springs, CA and Chicago, respectively.
Signature Bank hired former American Chartered Bank and MB Financial veteran David Duxbury as senior vice president of its commercial lending team.
Livingstone Debt Advisory raised acquisition financing for Lapmaster Group with a bank group led by Bank of America, MB Financial and First Bank of Highland Park.
MB Financial formed a new Canadian subsidiary, MB Business Capital Canada and hired Dan Flaro, SVP and country executive to expand the middle market asset-based lending platform into Canada.
MB Financial completed its merger with American Chartered Bancorp, and its wholly owned bank subsidiary, American Chartered Bank, has been merged into MB Financial Bank.
MB Financial appointed Mark Heckler EVP Commercial Banking, which includes: Middle-Market Commercial Banking, Commercial Specialty Banking, Commercial Real Estate, Capital Markets and International Banking.
MB Financial and American Chartered Bancorp announced the signing of an agreement whereby MB Financial will acquire American Chartered, with assets of $2.2 billion, in deal valued at $449 million.
Emtec completed a round of growth capital with MB Financial and Star Mountain Capital, and received an additional investment from NewSpring Capital.
MB Financial announced the Office of the Comptroller of the Currency approved the merger of Cole Taylor Bank, the bank subsidiary of Taylor Capital Group, with MB Financial’s bank subsidiary, MB Financial Bank.
This issue’s FinalCut presents a whimsical rendering of the merger of PacWest Bancorp and CapitalSource and MB Financial’s acquisition of Taylor Capital.