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Buyers still exist for mortgage platforms. The problem is that the gap in pricing expectations for buyers and sellers has widened since refinance activity stalled last summer.
May 15 -
Taylor Capital (TAYC) in Chicago is no longer looking to sell its mortgage banking operation.
May 9 -
MB Financial (MBFI) in Chicago reported a minor dip in quarterly earnings as net interest income fell.
January 16 -
MB Financial (MBFI) plans to retain nearly all of the top executives at Taylor Capital Group (TAYC) following the companies' planned merger, according to a report Wednesday in Crain's Chicago Business.
November 27
MB Financial in Chicago is one step closer to acquiring Taylor Capital Group.
The $9.8 billion-asset MB Financial received approval from the Office of the Comptroller of the Currency on Thursday to acquire Taylor Capital in Rosemont, Ill.
The $680 million deal was
The evaluation resulted in Taylors Cole Taylor Bank unit entering into a
The
"I'm pleased that we've received all necessary regulatory approvals for our pending merger with Taylor Capital and Cole Taylor Bank," said Mitchell Feiger, chief executive officer of MB Financial, in a press release on Thursday. "We expect that the combination of our two middle-market, relationship-focused organizations will provide even more for our clients more highly skilled bankers, more locations and more products and services."