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US Regional Wealth Management Acquisition

Milwaukee-based financial services company, Marshall & Ilsley, have agreed to acquire FirstTrust Indiana from First Indiana Corp. Financi...
Milwaukee-based financial services company, Marshall & Ilsley, have agreed to acquire FirstTrust Indiana from First Indiana Corp. Financial terms have not been disclosed, but Marshall & Ilsley said that FirstTrust Indiana's operations would be integrated into its wealth management unit. All FirstTrust Indiana's employees will join the company. Marshall & Ilsley’s wealth management unit provides trust, asset management, brokerage and private banking services and has almost $1 billion in assets under administration.