Marshall & Ilsley
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| Public | |
| Traded as | : MI |
| Industry | Banking |
| Fate | Absorbed by BMO Harris Bank |
| Successor | BMO Harris Bank |
| Founded | 1847 in Milwaukee, Wisconsin as Samuel Marshall & Co. |
| Defunct | July 5, 2011 |
| Headquarters | Milwaukee, Wisconsin, United States |
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Key people
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| Products | retail and commercial banking, trusts and investment management |
| Revenue | $4.025 Billion USD (2008) |
 $2.043 Billion USD (2008) |
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| Website | Archived official website |
Marshall & Ilsley Corporation (also known as M&I Bank) was a U.S. bank and diversified financial services corporation headquartered in Milwaukee, Wisconsin, that was purchased by Bank of Montreal in 2010.
The bank was founded in 1847 and by 2008 the bank had assets of $63.5 billion and over 250 branches. After the acquisition, Bank of Montreal combined the Marshall & Ilsley Corporation operations into its existing U.S. subsidiary Harris Bank.
Founded in 1847, M&I Marshall & Ilsley Bank was the largest Wisconsin-based bank, with 194 offices throughout the state. In addition, M&I had 45 locations throughout Arizona; 17 offices in Kansas City and nearby communities; 17 offices on Florida's west coast; 26 offices in metropolitan Minneapolis/St. Paul (Twin Cities), and one in Duluth, Minnesota; one office in Las Vegas, Nevada; 16 offices in the greater St. Louis area; and 32 offices in the greater Indianapolis area.
In 1987, Marshall & Ilsley attempted a hostile takeover of the Milwaukee-based Marine Corporation, the parent of Marine Bank. Marine turned down M&I overtures and chose Banc One Corporation's offer instead.
September 20, 1993, M&I announced a merger with Wisconsin-based Valley Bancorporation, converting Valley stock to M&I in a stock transaction valued at $875 million. The merger converted 155 Valley Bank locations to M&I. 154 of these were in Wisconsin, and one in Illinois. At the time of the merger, Valley Bancorporation had more bank locations than M&I did.
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Wikipedia