Skip to content

Originally Published: January 31, 2016 in Crain’s Detroit Business By Tom Henderson Local observers applaud Chemical-Talmer deal; Wall Street not so sure Local industry watchers are applauding last week’s announcement that Midland-based Chemical Financial Corp. has agreed to buy Troy-based Talmer Bancorp Inc. for $1.1 billion. But Wall Street reaction has been mixed. New York City-based Keefe, Bruyette and Woods Inc.upgraded…

Read More

Originally Published: November 23, 2014 in Crain’s Detroit Business By Tom Henderson Top team, solid plan put Talmer Bank on fast track to growth   In April 2010, First Michigan Bancorp Inc. — a 3-year-old, one-branch bank holding company in Troy with just $75 million in assets and 30 employees — announced at the bottom of the recession…

Read More

Originally Published: September 3, 2014 in Crain’s Detroit Business By Jay Greene Beaumont Health closes deal to merge 3 nonprofit systems Three months after announcing a definitive agreement to merge operations into a single health system — Beaumont Health — officials for the new eight-hospital nonprofit system said today that they closed the deal. Officials recently received federal…

Read More

Originally Published: August 31, 2014 in Crain’s Detroit Business By Tom Henderson Small, midsize banks add financial advisory services to boost revenue Correction appended When Rhode Island-based Citizens Financial Group Inc. announced in June that it was hiring financial advisers here and would soon have wealth managers available in 30 of its Charter Onebranches in Southeast Michigan, it joined…

Read More