Thursday, April 19, 2018

On second thought: MB Financial dumps mortgage biz months after expanding it

Investors are happy the bank is getting out of the low-return business. The only question is why CEO Mitch Feiger doubled down on it just a few months ago.

from nicholemhearn digest http://www.chicagobusiness.com/article/20180419/NEWS01/180419836/on-second-thought-mb-financial-dumps-mortgage-biz-months-after?utm_source=NEWS01&utm_medium=rss&utm_campaign=chicagobusiness

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