Broadway Bank, the lender once owned by the family of losing U.S. Senate candidate Alexi Giannoulias, attracted only one bidder when it failed in April, newly released records from the Federal Deposit Insurance Corp. show. Get the full story »
Midwest Bank
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Midwest Banc Holdings files for bankruptcy
Midwest Banc Holdings Inc. filed for Chapter 11 bankruptcy protection Tuesday, listing $9.7 million in assets and $144.7 million in debt in a filing in U.S. Bankruptcy Court in Chicago.
FirstMerit says it’s mostly focused on integration
FirstMerit Bank, which over the past year has entered the Chicago market through three acquisitions, said it is continuing to keep its eyes open for deals, but that its main focus right now is integrating its operations. Get the full story »