MB&A, Inc. News

CEO Mitchell Feiger will see his salary jump 58% to $1.1 million next year as the Chicago-based bank holding adjusts senior executivesa TM pay to reflect the inability to pay bonuses, a restriction the federal government imposes on lenders participating in the bailout program.

(Craina TMs) a " MB Financial Inc. plans to close three of the five Benchmark Bank branches it acquired over the weekend after regulators shut down the small Aurora-based bank Friday. Chicago-based MB will shutter two Downstate locations, as well as the St. Charles branch of Benchmark, whose ...

MB Financial, Inc. , today announced that it will present at the Sandler Oa Neill + Partners, L.P. East Coast Financial Services Conference to be held in Palm Beach, Florida on Thursday, November 12, 2009.

Mr. DeGeer is a former managing partner of Marakon and joins CRA from Huron Consulting Group.

Bank holding company MB Financial Inc. declared a dividend of a penny per share late Friday, unchanged from the quarter before.

MB Financial, Inc. , will pay a cash dividend, distributing $0.01 per share to shareholders of record as of November 16, to be paid on November 30.

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Market anticipated only 210,000 Chicago Manufacturing Index 46.1 vs. 50.0 in August.

Business Week: - MBA Pay: Riches for Some, Not All. Chicago Sun-Times: Politico: Miami Herald: Forbes: USA Today.com: AP: Yonhap News: - North Korea will respond to dialogue with the US while strengthening its nuclear deterrent if the US continues to impose sanctions, citing North Korean Vice Foreign Minister Pak Gil Yon.

Federal regulators on Friday said they seized Corus Bancshares Inc., a major Chicago-based lender to condominium, office and hotel projects, adding it to the long list of banks that have succumbed this year to the recession and waves of loan defaults.

Via the Wall Street Journal : " Federal regulators seized Chicago-based Corus Bank on Friday , marking the first major bank to be undone by deteriorating construction and commercial real-estate loans during the current downturn.

MB Financial, Inc. , the holding company for MB Financial Bank, N.A., today announced it has commenced an underwritten public offering of $150 million of its common stock.

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Federal authorities Friday shuttered Chicago-based Corus Bank, making it the biggest financial institution in the area to succumb to the financial crisis.

MB Financial Inc., which has shown a willingness to buy failed banks, has bought the branches and deposits of Chicago-based Corus Bankshares Inc., the condominium lender seized Friday by banking regulators.

(AP) a " Shares of MB Financial Inc. jumped Wednesday after Stifel, Nicolaus & Co. recommended buying the stock, suggesting it will benefit from consolidation in the Chicago banking market. Analysts Anthony Davis and Mark Livesay raised their rating on MB Financial to "Buy" from "Hold," and set ...

Mitchell Feiger, president and CEO of MB Financial, Inc. announced that MBFI's subsidiary, Chicago-based MB Financial Bank, N.A., acquired the deposits and loans of Oak Forest-based InBank at the close of business today in a transaction facilitated by the Federal Deposit Insurance Corporation .

(AP) a " MB Financial Inc. said Tuesday that it has sold its merchant card processing business to Elavon, a subsidiary of US Bancorp. MB Financial said it expects to recognize a pretax gain of about $10.2 million in the third quarter resulting from the sale. MB Financial also entered ...

(AP) a " MB Financial Inc. said Tuesday that it has sold its merchant card processing business to Elavon, a subsidiary of US Bancorp. MB Financial said it expects to recognize a pretax gain of about $10.2 million in the third quarter resulting from the sale. MB Financial also entered ...

Fewer California small businesses changed hands during the seven-day period, ending July 19, compared to other weeks this year, because of the summer vacation slowdown.