MB Financial merged Cole Taylor into MB Financial Bank, the Chicago-based buyer said today in a statement. MB Financial has about $15 billion in assets, according to the statement.
MB Financial gained 2.9 percent to $27.26 at 10:10 a.m. in New York. The shares have slid 17 percent this year, compared with the 3.1 percent decline of the Standard & Poor’s Small Cap Financials Index.
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