Welcome!

News Feed Item

The PrivateBank Creates Financial Institutions Group

Team focused on delivering banking solutions to financial services companies

CHICAGO, Jan. 27, 2014 /PRNewswire/ -- The PrivateBank today announced the launch of its Financial Institutions Group, focused on providing correspondent banking and depository services to financial services companies, including community banks, asset managers, futures commission merchants and hedge funds.

Joseph Wicklander named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago.

Financial Institutions joins the bank's specialty areas of focus in asset-based lending, construction and engineering, healthcare, insurance, security alarm finance and structured finance.

"The PrivateBank has been successful in creating specific industry niches where we combine experienced relationship managers with our premier products and services to address the unique needs of our clients," said Larry D. Richman, President and Chief Executive Officer, PrivateBancorp, Inc. "We recognized an opportunity to bring this approach to the financial services community, particularly in our Chicago market."

Patrick Horne and Kevin Kehoe have joined The PrivateBank as Managing Directors in the Financial Institutions Group, with a focus on delivering correspondent banking services to community banks throughout the Midwest. Horne and Kehoe report to Robert Frentzel, Head of Specialized Industries at The PrivateBank, and together bring more than 35 years of experience in correspondent banking to their clients. They joined The PrivateBank from Associated Bank, where they held similar roles.

Matthew Logan and Joseph Wicklander, who joined The PrivateBank as Managing Directors in the Financial Institutions Group, also report to Frentzel. Both previously were Directors with Bank of America Merrill Lynch in its Financial Institutions group and combined have over 20 years of experience working with a variety of bank and non-bank financial services clients.

"This team has a firm understanding of the opportunities and challenges for financial services companies right now," Frentzel said. "They will leverage the relationships they have built over the years to deliver the breadth of lending services, treasury management, institutional trust and capital markets services we offer as we help these companies reach their business goals."                                                 

About The PrivateBank

The PrivateBank is a part of PrivateBancorp, Inc., and delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves. As of December 31, 2013, the company had 33 offices in 10 states and $14.1 billion in assets. The company's website is www.theprivatebank.com.

Matthew Logan named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago.

 

Patrick Horne named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago.

 

Kevin Kehoe named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago.

Image with caption: "Joseph Wicklander named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago." Image available at: http://photos.prnewswire.com/prnh/20140127/MM53255-a

Image with caption: "Matthew Logan named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago." Image available at: http://photos.prnewswire.com/prnh/20140127/MM53255-b

Image with caption: Patrick Horne named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago." Image available at: http://photos.prnewswire.com/prnh/20140127/MM53255-c

Image with caption: "Kevin Kehoe named Managing Director, Financial Institutions Group, at The PrivateBank in Chicago." Image available at: http://photos.prnewswire.com/prnh/20140127/MM53255-d

SOURCE The PrivateBank

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, will give users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion w...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
SYS-CON Events announced today that (ISC)²® (“ISC-squared”) will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Two leading non-profits focused on cloud and information security, (ISC)² and Cloud Security Alliance (CSA), developed the Certified Cloud Security Professional (CCSP) certification to address the increased demand for cloud security expertise due to rapid growth in cloud. Recently named “The Next...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
The Art of DevOps provides a fun overview to help teams understand DevOps. Written in the style of the famous 6th century Chinese manuscript “The Art of War,” this eBook describes DevOps in the form of a mission to continuously deliver assets to the operational battlegrounds safely, securely, and quickly. It’s a fun read with valuable insights.
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, will discuss how the ability to access and analyze the massive volume of streaming data from mil...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...