SYS-CON MEDIA Authors: Carmen Gonzalez, Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel

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
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. 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 development cycles that produce software that is obsolete...
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.