Northwestern Financial Review, October 1st, 2002
[correspondent banking ]
As Marshall &Ilsley Corp., pursues its acquisition growth strategy, it moves more correspondent products - of greater sophistication - into the markets served by the purchased banks.
With 214 offices in Wisconsin, the Milwaukee diversified financial services company is the state's largest bank. M&I also has 24 locations in Arizona, with 20 of them gained through acquisitions during the last two years, notably by branches bought from Fifth Third Bank of Cincinnati.
Last year, M&I announced the acquisition of three Minnesota banks:
* In April, National Ci...
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