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Dec. 31, 2015, 5:26 PM
- MB Financial (MBFI -2.1%) says it's completed an acquisition of MSA Holdings, the parent of MainStreet Investment Advisors and Cambium Asset Management.
- MainStreet acts as an advisory firm for bank and independent trust companies as well as insurance companies. Cambium, meanwhile, deals in wealth management for individuals, families, foundations, endowments and institutions.
- The deal should be slightly accretive to 2016 EPS, MB Financial says, though it didn't disclose financial terms of the deal.
- MB Financial's subsidiary MB Financial Bank has about $15B in assets.
Sep. 17, 2014, 11:03 AM
Mar. 19, 2014, 10:20 AM
Oct. 11, 2013, 5:36 PM
MB Financial Inc is a financial holding company. The Company through its subsidiary offers financial services to small and middle market businesses and individuals in the markets that it serves. It provides banking, leasing and mortgage banking services.
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