Fifth Third Bank has a new leader for its Chicago market, which includes its locations in Northwest Indiana.
Fifth Third completes purchase of MB Financial
Fifth Third Bancorp on March 22 announced it completed its purchase of Chicago-based MB Financial Inc. MB systems will switch over to Fifth Third in early May. Fifth Third in a statement said it will be business as usual for MB Financial until the conversion is completed. Fifth Third’s purchase of MB Financial likely will […]
Fifth Third Bancorp, MB Financial Inc. merging operations
Cincinnati-based Fifth Third Bancorp and MB Financial Inc. will merge operations in a stock and cash transaction valued at $4.7 billion. MB Financial is the holding company for MB Financial Bank, which has about $20 billion in assets and has served the Chicago area for more than 100 years. The deal still is subject […]