M&I completes acquisition of Miami firm

Marshall & Ilsley Corp. has completed its acquisition of a majority interest in Taplin, Canida & Habacht Inc.

Milwaukee-based Marshall & Ilsley (NYSE: MI) said Wednesday that Taplin, Canida & Habacht will be part of the investment management unit within M&I’s Wealth Management business, which also provides trust, brokerage, and private banking services to individuals, institutions, and corporate clients. The business unit, under the name Taplin, Canida & Habacht, will maintain its headquarters in Miami.

Terms of the transaction were not disclosed.

Marshall & Ilsley has $63.5 billion in assets with 193 offices throughout Wisconsin plus locations in Arizona, Indianapolis, Florida, Kansas City, Minneapolis St. Paul and subsidiary Southwest Bank in St. Louis.

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