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M&I Bank
Many banks still digging out from Great Recession trauma
October 13, 2012
The following statistics reflect performance of the 10 banks with the largest market shares in the Indianapolis Metropolitan
Statistical Area.
MoreM&I-BMO Harris changeover leaves some customers in lurch
October 10, 2012
Scott OlsonBMO Harris Bank’s expansion in Indianapolis and other markets via its acquisition of M&I Bank is off to a rocky
start as many customers still are unable to access their online banking accounts.
MoreBasketball legend Robertson target of bank’s lawsuit
September 19, 2012
Scott OlsonOscar Robertson's money troubles in Ohio have been well documented lately. But in his hometown of Indianapolis, he's trying
to convince a judge that he's not responsible for a $203,000 bank loan.
MoreBank of Montreal targets Midwest, Indy for growth
June 26, 2012
IBJ Staff and Bloomberg NewsBank of Montreal's 2011 acquisition of Marshall & Ilsley Corp. is finally helping it make in-roads in the U.S. Midwest. It
has identified five U.S. markets, including Indianapolis, where it aims to add new branches or make acquisitions.
MoreLender's suit says homebuilder owes $12.8M on loans
July 5, 2011
Scott OlsonM&I Bank filed the suit against J. Greg Allen, charging he defaulted on two loans he took out to buy 73 acres of land on the
northeast corner of Emerson Avenue and County Line Road on Indianapolis' south side.
MoreUPDATE: Regional bank shares rally on M&I Bank deal
December 17, 2010
Cory SchoutenShares in regional banks are rallying after Canada's BMO Financial Group agreed to acquire Marshall & Ilsley Corp.
in an all-stock deal.
MoreCanadian bank to acquire Marshall & Ilsley for $4.1B
December 17, 2010
IBJ Staff and Bloomberg NewsM&I has about 30 branches in the Indianapolis area and controls about 6 percent of the market's bank deposits, according
to the Federal Deposit Insurance Corp. The bank is ranked sixth among area banks in terms of employment, with about 400 workers.
MoreM&I Bank names new Indiana president
October 20, 2010
IBJ StaffTim Massey, who has been head of commercial banking, replaces Reagan Rick, who was promoted to a regional management position.
MoreMarine tech unit to fill four floors at struggling M&I Plaza
March 13, 2010
Cory SchoutenA 10-year, $20 million deal for a civilian division of the U.S. Marine Corps to occupy four floors of the 28-story M&I
Plaza building downtown will push
the city's sixth-largest office tower from a woeful 30-percent occupancy rate to about 50 percent.
MoreHuntington National Bank's assets fell because partnership ended
November 7, 2009
IBJ StaffLast week’s front-page story “Shuffling the deck” pointed out the significant gains midsize banks have
made in the Indianapolis market over the last year. The one glaring exception was Columbus, Ohio-based Huntington National
Bank, which had lost $56.3 million in local deposits as of June 30, according to the FDIC. A closer look explains
why.
MoreBanks work to protect electronic records from identity theft
October 3, 2009
Peter SchnitzlerBanks are fighting an ongoing battle with would-be identity thieves. Because banks are where the money is, the fight is
likely to go on a long time, with both thieves and banks growing in sophistication.
MoreFirst Indiana deals stemmed from broader probe
August 25, 2009
Greg AndrewsThe insider-trading settlements announced by the Securities and Exchange Commission this week were an outgrowth of a broader
inquiry into trading in First Indiana Corp. by dozens of people before its sale two years ago, according to a former director
of the bank.
MoreLocals settle First Indiana insider-trading case
August 24, 2009
Greg AndrewsThe Securities and Exchange Commission said today that it has settled insider-trading charges against three local residents
who bought shares in First Indiana Corp. immediately before the July 9, 2007, announcement that it was being acquired by a
Milwaukee bank for a 42-percent premium.
MoreBanks building new branches despite online age
July 27, 2009
Marc D. AllanBank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?
MoreLender claims M&I Plaza when it fails to sell at auction
June 30, 2008
Cory SchoutenA Maryland company has taken ownership of downtown's 28-story M&I Plaza just three months before a major tenant departure
leaves the skyscraper 70-percent vacant. The new owner is CapitalSource Inc., a commercial finance and investment firm based
in Chevy Chase, Md. It had been a lender to the former owner, which defaulted.
MoreFirst Indiana sells bank
December 31, 2007
Cory SchoutenIndiana's largest locally based bank, First Indiana Corp., decided to end 92 years of independence in 2007, agreeing in July
to sell itself to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash, or $32 a share.
MoreFirst Indiana Bank's sale timing paid off
August 27, 2007
Greg AndrewsFirst Indiana Corp.'s announcement that it would be sold to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash
came just 17 days after sale discussions began. Banking observers have speculated for weeks that First Indiana acted fast
to cut a deal before it would have to report second-quarter results.
MoreCEOs' friendship helped pave M&I's way for First Indiana buyout
July 16, 2007
Cory SchoutenIf First Indiana Corp. was looking to pull off a sale quickly, Milwaukee-based Marshall & Ilsley Corp. was a natural place
to turn. First Indiana CEO Robert B. Warrington had been doing deals with the bank since he took the helm from Marni McKinney
in 2006. Warrington also is a friend and golfing buddy of M&I CEO Mark Furlong.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.