The Private Bank logoPrivateBancorp, Inc. is a bank holding company for six banking subsidiaries, with 23 offices in Chicago, Detroit, St. Louis, Milwaukee, Kansas City, Atlanta, Cleveland, and Minneapolis. The company is headquartered in Chicago. In exchange for a $244 million investment through the Treasury Department’s Capital Purchase Program, PrivateBancorp sold to the Treasury 244,000 shares of preferred stock, and issued warrants for an additional 1.3 million shares of the company’s common stock.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: PrivateBancorp

 

Federal Equity Investment

$243.815 million

Total Revenue

$334.2 million

Net Income

$11.8 million

Number of Employees

597

Corporate Headquarters

Chicago, Illinois

Business Sector

Bank

Officers and Directors

Richman, Larry, President, Chief Executive Officer, Director

Other Officers and Directors

Corporate Website

http://www.pvtb.com

Executive Compensation

PrivateBancorp

►Financial Documents

2009-01-30 PrivateBancorp 8K

2008-09-30 PrivateBancorp 10Q

2008 PrivateBancorp Proxy

2007 PrivateBancorp Annual Report

2007 PrivateBancorp 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Fourth Quarter 2008

No lobbying reports located.

Political Contributions

Center for Responsive Politics (last accessed 03/24/2009)

Related Articles

February 2, 2009 PrivateBancorp takes $244M from Treasury Bizjournals.com

February 2, 2009 Privatebank sells shares to Treasury Chicago Tribune

February 2, 2009 PrivateBancorp receives $244M from Treasury Forbes

January 26, 2009 PrivateBancorp shares drop to 52-week low Chicago Tribune

January 26, 2009 PrivateBancorp OK'd for $244 million from Treasury Forbes

January 26, 2009 PrivateBancorp posts wider-than-expected Q4 loss Reuters

December 17, 2008 PrivateBancorp looks to shed space at 70 W. Madison Crain’s

 

Last Updated March 24, 2009

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