Dynamic Wealth Management

ITASCA, IL, Apr 16, 2012 (MARKETWIRE via COMTEX) -- First Midwest Bank today announced that it has formed a new Wealth Management Division as part of the bank's strategic organizational realignment. Leading the newly formed Wealth Management Division will be Robert P. Diedrich, a thirty-two year veteran of First Midwest, who previously headed the bank's trust division. The new division will provide fiduciary, investment and private banking services to individual, corporate and governmental clients throughout the communities and diverse markets served by First Midwest.

First Midwest, through its Wealth Management Division, manages more than $5 billion in clients' assets making it the fourth largest bank operated trust business in Illinois. Its primary objective is to manage, grow and preserve the wealth of all clients.

"Our new Wealth Management Division draws together trust, retail investment and private banking into one unit that will enable us to broaden our existing client relationships while at the same time enhancing our ability to attract new clients and grow this important segment of our business," stated Mark Sander, President and Chief Operating Officer of First Midwest Bank. Adding, "We have an advantage over many other types of financial institutions and providers of these services as we have conducted this business in our communities for decades and have built strong client relationships and we are well known and trusted."

Ab...

MEXICO CITY, Mexico – The seventh World Economic Forum on Latin America will take place in Puerto Vallarta, Mexico, on 16-18 April 2012. The meeting, held under the theme “Regional Transformation in a New Global Context”, will convene a record number of participants for this regional gathering, with close to 900 top regional and global leaders from 70 nations.

With the full support of the Government of Mexico and the Forum’s key Strategic Partners, the World Economic Forum on Latin America will convene key decision-makers from government, industry, civil society and academia. Leaders will shape a strategic vision for the region’s growth, gain understanding of its global potential and align stakeholders around that vision to inspire its realization.

Felipe Calderón, President of Mexico, will open this year’s World Economic Forum on Latin America. The programme is designed to develop insights on the priorities of the region’s agenda and is built on three thematic pillars: Rebalancing Global Economic Recovery; Rising Capabilities towards Regional Transformation; and Creating Innovative Models for a Sustainable Future.

Minister speaks out as unemployment rises above 24%
Global Market Overview Spain downgrade damps sentiment S&P downgrades Spain to triple B plus Repossessed Spanish homes fall in value Town reflects what went wrong with Spain
From COMPANIES 10:14pm
Amazon shares leap on strong sales
Performance calms market worries over a slowdown in growth
Lex Amazon ambition Lex ebook pricing Lex Best Buy and Amazon
From WORLD 12:13pm
Chinese activist escapes house arrest
Chen Guangcheng in ‘safe location’, say activists
China reform drive boosted by Bo’s fall IMF urges eurozone to bolster banks China tightens grip on lawyers China to enact new secret detention law China cracks down on lawyers and activists

Minister speaks out as unemployment rises above 24%
Global Market Overview European stocks shrug off Spain downgrade S&P downgrades Spain to triple B plus Repossessed Spanish homes fall in value Town reflects what went wrong with Spain
From COMPANIES 11:45am
Barclays admits failure over pay awards
Chairman seeks to placate angry shareholders at annual meeting
Barclays and Deutsche in Maiden Lane buy Barclays quarterly profits rise to £2.4bn Banks take provisions for PPI past £6bn
GLOBAL MARKET OVERVIEW from MARKETS 11:48am
European stocks shrug off Spain downgrade
German Bund yields hover near record lows
S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up

ITASCA, IL, Apr 16, 2012 (MARKETWIRE via COMTEX) -- First Midwest Bank today announced that it has formed a new Wealth Management Division as part of the bank's strategic organizational realignment. Leading the newly formed Wealth Management Division will be Robert P. Diedrich, a thirty-two year veteran of First Midwest, who previously headed the bank's trust division. The new division will provide fiduciary, investment and private banking services to individual, corporate and governmental clients throughout the communities and diverse markets served by First Midwest.

First Midwest, through its Wealth Management Division, manages more than $5 billion in clients' assets making it the fourth largest bank operated trust business in Illinois. Its primary objective is to manage, grow and preserve the wealth of all clients.

"Our new Wealth Management Division draws together trust, retail investment and private banking into one unit that will enable us to broaden our existing client relationships while at the same time enhancing our ability to attract new clients and grow this important segment of our business," stated Mark Sander, President and Chief Operating Officer of First Midwest Bank. Adding, "We have an advantage over many other types of financial institutions and providers of these services as we have conducted this business in our communities for decades and have built strong client relationships and we are well known and trusted."

Ab...

German Bund yields hover near record lows
S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up Dutch strike budget deal to avert crisis Ireland warns of risk to planned bond sale
From COMPANIES 8:45am
Samsung trumps Nokia on handset sales
South Korean group also regains top smartphone spot from Apple
Inside Business Nokia deserves more time Lex Asian chipmakers beyondbrics Apple and Samsung talk peace
From WORLD 7:19pm
China reform drive boosted by Bo’s fall
Wen and allies encouraged to introduce political changes
Bo’s brother quits China Everbright board China tightens grip on social media Daniel Bell Real meaning of the rot at the top of China

MEXICO CITY, Mexico – The seventh World Economic Forum on Latin America will take place in Puerto Vallarta, Mexico, on 16-18 April 2012. The meeting, held under the theme “Regional Transformation in a New Global Context”, will convene a record number of participants for this regional gathering, with close to 900 top regional and global leaders from 70 nations.

With the full support of the Government of Mexico and the Forum’s key Strategic Partners, the World Economic Forum on Latin America will convene key decision-makers from government, industry, civil society and academia. Leaders will shape a strategic vision for the region’s growth, gain understanding of its global potential and align stakeholders around that vision to inspire its realization.

Starships, warp speed, transporters, phasers. Think Star Trek technology is only the stuff of fiction? Think again.

Dr. Peter Jansen, a PhD graduate of the Cognitive Science Laboratory at McMaster University in Hamilton, Ontario, Canada, has developed a scientific measurement device based on the tricorders used by Captain Kirk, Spock, Dr. McCoy and other space adventurers on the classic TV series that has spawned numerous spin-offs in more than 45 years.

“Star Trek inspired me to be a scientist” said Jansen, who has been formally working on his tricorder prototypes since 2007, but toying with the idea of making a functioning device since he was “a kid in high school.”

Advertisement: Story continues below

The 29-year-old Jansen’s school days spanned the late 1990s when Star Trek: Voyager was on the air. It featured his favorite tricorder, a model with screens on top and bottom.

German Bund yields hover near record lows
S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up Dutch strike budget deal to avert crisis Ireland warns of risk to planned bond sale
From COMPANIES 7:02am
Samsung trumps Nokia on handset sales
South Korean group also regains top smartphone spot from Apple
Inside Business Nokia deserves more time Lex Asian chipmakers beyondbrics Apple and Samsung talk peace
From WORLD 7:19pm
China reform drive boosted by Bo’s fall
Wen and allies encouraged to introduce political changes
Bo’s brother quits China Everbright board China tightens grip on social media

ITASCA, IL, Apr 16, 2012 (MARKETWIRE via COMTEX) -- First Midwest Bank today announced that it has formed a new Wealth Management Division as part of the bank's strategic organizational realignment. Leading the newly formed Wealth Management Division will be Robert P. Diedrich, a thirty-two year veteran of First Midwest, who previously headed the bank's trust division. The new division will provide fiduciary, investment and private banking services to individual, corporate and governmental clients throughout the communities and diverse markets served by First Midwest.

First Midwest, through its Wealth Management Division, manages more than $5 billion in clients' assets making it the fourth largest bank operated trust business in Illinois. Its primary objective is to manage, grow and preserve the wealth of all clients.

"Our new Wealth Management Division draws together trust, retail investment and private banking into one unit that will enable us to broaden our existing client relationships while at the same time enhancing our ability to attract new clients and grow this important segment of our business," stated Mark Sander, President and Chief Operating Officer of First Midwest Bank. Adding, "We have an advantage over many other types of financial institutions and providers of these services as we have conducted this business in our communities for decades and have built strong client relationships and we are well known and trusted."

Ab...