MB Financial News

The former Benchmark Bank in St. Charles was ordered to close earlier this month by state bank regulators, and its assets were transferred by the Federal Deposit Insurance Corporation to Chicago-based MB Financial Bank.

MB Financial, Inc., today announced it will release its fourth quarter 2009 earnings on Friday, January 22, 2010 at 8:00 a.m. . A conference call will be held the same day at 10:00 a.m. . Individuals interested in listening should call 1.800.901.5247 and enter Passcode #57949824. This call is being webcast and can be accessed via the Company's web ...

Banks in Oak Brook and Skokie were robbed Friday evening, the Chicago office of the FBI said Saturday.

First Midwest Bancorp Inc. of Itasca and MB Financial Inc. of Chicago are among 29 U.S. banks and thrifts well positioned to take advantage of bidding for failed lenders, according to a 26-page report released Friday by investment bank Keefe Bruyette & Woods.

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 ...

Benchmark Bank, with branches in Seneca, Ransom and Verona, was closed Friday by the Illinois Department of Financial and Professional Regulation and was reopened Saturday as branches of MB Financial Bank.

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 Financial Bank, a $10 billion-asset bank with more than 80 branches, said it plans to soon close three of the five offices it acquired Friday when it bought failed Aurora-based Benchmark Bank.

Benchmark Bank, in Aurora, Illinois, was closed on Friday by the Illinois Department of Financial and Professional Regulation.

A year after the trustee overseeing the liquidation of Le-Nature's raised allegations of racketeering against the bankrupt Pennsylvania bottling company and several of its lenders, Chicago's MB Financial Bank has filed a suit of its own, going after companies that it says enticed it to invest in Le-Nature's despite knowledge of the company's true ...

JPMorgan Chase , U.S. Bancorp and eight other holding companies have boosted their deposits by more than a third in the past two years by acquiring failed banks.

A day-by-day look at President Barack Obama's weeklong trip to Asia: Thursday, Nov.

A new report says Illinois had the third highest number of foreclosures in the country last month.

Fertilizer company Terra Industries Inc. said Thursday it has declared a special cash dividend of $7.50. The dividend will be paid on Dec.

Electrical equipment maker Baldor Electric Co. said Tuesday its board of directors promoted Jeffery Hubert to vice president of generators, effective Jan.

JPMorgan Chase, Wells Fargo and other bank behemoths have bulked up over the past year.

In what I consider a testimony to the strength of capitalism left alone, smaller banks around the country like Prosperity Bancshares and MB Financial are doing what should have been done in the first place: buying up failed rivals and turning them around, or growing organically as consumers look for stronger banks.

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.

San Diego Gas & Electric and Cox Communications have agreed to pay $17 million to settle claims by state investigators that poor maintenance led to three huge Southern California wildfires in 2007.

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