Marshall & Ilsley Trust Company Completes FirstTrust Indiana Acquisition
January 04 2006 - 5:18PM
PR Newswire (US)
MILWAUKEE, Jan. 4 /PRNewswire-FirstCall/ -- Marshall & Ilsley
Trust Company N.A., a subsidiary of Marshall & Ilsley
Corporation (NYSE:MI), announced today that it has completed its
acquisition of FirstTrust Indiana, a division of First Indiana
Bank, N.A. Later in 2006, FirstTrust Indiana will be re-branded
M&I Wealth Management, a division of Marshall & Ilsley
Corporation. FirstTrust Indiana began operating in 1998 and offers
asset management, trust administration, and estate planning
services to high-net-worth individuals and institutional customers.
The acquisition of FirstTrust Indiana by Marshall & Ilsley
Trust Company was announced in October 2005. "With the completion
of this acquisition, M&I Wealth Management expands its presence
into the Indiana marketplace," said Kenneth Krei, senior vice
president, Marshall & Ilsley Corporation, and CEO and president
of M&I Wealth Management. "M&I looks forward to a continued
partnership with First Indiana Bank, N.A. and serving the needs of
the residents of Indiana." M&I Wealth Management is a leading
provider of trust, asset management, brokerage, and private banking
services to individuals, institutions, and corporate clients.
Marshall & Ilsley Trust Company N.A. is a subsidiary of
Marshall & Ilsley Corporation (NYSE:MI), a diversified
financial services corporation headquartered in Milwaukee, Wis.,
with $45 billion in assets. Founded in 1847, M&I Marshall &
Ilsley Bank is the largest Wisconsin-based bank. M&I Bank has
195 offices throughout the state, in addition to 42 locations
throughout Arizona; 13 offices in metropolitan Minneapolis/St.
Paul, Minn.; and, locations in Duluth, Minn.; Las Vegas, Nev.; and,
Naples and Bonita Springs, Fla. M&I's Southwest Bank affiliate
has seven offices in the St. Louis area and one office in
Belleville, Ill. Metavante Corporation, Marshall & Ilsley
Corporation's wholly owned technology subsidiary, provides
virtually all of the technology an organization needs to offer
financial services. M&I also provides trust and investment
management, equipment leasing, mortgage banking, asset-based
lending, financial planning, investments, and insurance services
from offices throughout the country and on the Internet (
http://www.mibank.com/ or http://www.micorp.com/ ). M&I's
customer-based approach, internal growth, and strategic
acquisitions have made M&I a nationally recognized leader in
the financial services industry. DATASOURCE: Marshall & Ilsley
Corporation CONTACT: Sara Schmitz of Marshall & Ilsley
Corporation, +1-414-765-7831 Web site: http://www.mibank.com/
http://www.micorp.com/
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