MutualFundWire.com: M&I Buys Trust Group
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Monday, October 24, 2005

M&I Buys Trust Group


Marshall & Ilsley Corporation has acquired the trust operations of First Indiana Bank. The unit, FirstTrust Indiana, will be integrated with M&I's Wealth Management unit, according to a news releaserelease.

FirstTrust administers approximately $1 billion in assets for high-net worth individuals and institutional customers. M&I Wealth Management provides trust, asset management, brokerage and private banking services.

M&I expects all of FirstTrust's employees to join the firm. M&I will serve FirstTrust's customers from a new Indianapolis office.


Printed from: MFWire.com/story.asp?s=10705

Copyright 2005, InvestmentWires, Inc.
All Rights Reserved
Back to Top