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MB Financial Bank
MB Financial Bank is a bank headquartered in Chicago, US. It oversees approximately $14.9 billion in assets, primarily serving the North American region.
Overview
MB Financial Bank is a bank headquartered in Chicago, US. It oversees approximately $14.9 billion in assets, primarily serving the North American region.
General information
Firm type
Bank / Wealth / Trust
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Frequently asked questions
Does MB Financial Bank still operate as an independent entity?
No. MB Financial was acquired by Fifth Third Bancorp, with the deal closing in March 2019. All operations, branches, and client relationships were consolidated under Fifth Third. The MB Financial brand was retired, and the mbfinancial.com domain now redirects to Fifth Third's consumer website.
What happened to MB Financial's wealth management and trust business?
MB Financial's wealth management and trust clients were transitioned to Fifth Third Private Bank. This includes investment management, estate planning, and fiduciary services. No separate family office or investment vehicle continued under the MB Financial name post-acquisition.
Who runs investment decisions for the legacy MB Financial wealth portfolios?
Investment decisions for legacy MB Financial wealth management clients are now made within Fifth Third Private Bank. Fifth Third does not publicly name a specific portfolio manager or CIO dedicated to legacy MB Financial accounts. The firm's overall investment management is overseen by its Wealth & Asset Management division leadership.
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