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
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
"This is specifically designed to accommodate some of the needs for high availability and failover in a network managed system for the major Korean corporations," stated Thomas Masters, Managing Director at InfranicsUSA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
You are moving to the Cloud. The question is not if, it’s when. Now that your competitors are in the cloud and lapping you, your “when” better hurry up and get here. But saying and doing are two different things. In his session at @DevOpsSummit at 18th Cloud Expo, Robert Reeves, CTO of Datical, explained how DevOps can be your onramp to the cloud. By adopting simple, platform independent DevOps strategies, you can accelerate your move to the cloud. Spoiler Alert: He also makes sure you don’t...
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.