M&I Wealth Management Completes North Star Acquisition
April 23 2007 - 9:54AM
PR Newswire (US)
MILWAUKEE, April 23 /PRNewswire-FirstCall/ -- Marshall & Ilsley
Corporation (NYSE:MI) announced today that it has completed its
acquisition of North Star Financial Corporation (NASDAQ:NSFL.PK)
located in Chicago, Illinois. North Star's businesses will be
integrated with M&I's Wealth Management unit, which provides
trust, asset management, brokerage, and private banking services to
individuals, institutions, and corporate clients. The new M&I
Wealth Management office in Chicago will continue to serve North
Star's clients' wealth management and trust needs. Marshall &
Ilsley Corporation (NYSE:MI) is a diversified financial services
corporation headquartered in Milwaukee, Wis., with $56.5 billion in
assets. Founded in 1847, M&I Marshall & Ilsley Bank is the
largest Wisconsin-based bank, with 193 offices throughout the
state. In addition, M&I has 47 locations throughout Arizona; 30
offices along Florida's west coast and central Florida; 17 offices
in Kansas City and nearby communities; 17 offices in metropolitan
Minneapolis/St. Paul, and one in Duluth, Minn.; three offices in
Tulsa, Okla.; and one office in Las Vegas, Nev. M&I's Southwest
Bank subsidiary has 16 offices in the greater St. Louis area.
Metavante Corporation, a wholly owned subsidiary, provides a full
array of technology products and services for the financial
services industry. On April 3, 2007, Marshall & Ilsley
Corporation announced its plans to split Metavante Corporation and
Marshall & Ilsley Corporation into independent publicly traded
companies. 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: Kenneth
Krei, President and CEO of M&I Wealth Management,
+1-414-765-7448 Web site: http://www.micorp.com/
http://www.mibank.com/
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