Illinois

Northern Trust in Chicago has agreed to acquire Aviate Global, an institutional equity brokerage firm in the U.K.

MB Financial in Chicago has agreed to buy American Chartered Bancorp in Chicago.

Parkway Bancorp in Harwood Heights, Ill., no longer plans to buy Park Bancorp in Chicago.

Centrue Financial in Ottawa, Ill., has named a new chairman, after its longtime chairman resigned for health reasons.

First Midwest Bancorp in Itasca, Ill., has agreed to buy NI Bancshares in Sycamore, Ill.

An interbank loan market for community and regional banks, and backed by the Chicago Board Options Exchange, plans to open for business next month.

MB Financial in Chicago has agreed to buy an asset management firm.

Crossroads Bank in Effingham, Ill., has selected Michael Defend as its new chief executive. Defend, who will also serve as president, will step into his new role at the beginning of next year.

The online lender Enova International has hired an ex-HSBC executive as its chief operating officer.

Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.

PrivateBancorp in Chicago reported higher third-quarter profit on loan growth.

Town and Country Financial in Springfield, Ill., has agreed to buy the parent of Premier Bank of Jacksonville in Illinois.

Wells Fargo, the world’s largest bank by market value, agreed to buy the bulk of a railcar- and locomotive-leasing unit from General Electric as the industrial giant retreats from financial services.

Get a bunch of community bankers together and they start sharing efficiency ratios like golf scores. There seem to be more bogeys than holes in one these days in the course of cost-cutting.

Centrue Financial in Ottawa, Ill., plans to sell 4.8 million shares on behalf of stockholders. The shares would be worth $77 million based on the most recent price of $16 per share.

First Midwest Bancorp in Itasca, Ill., has agreed to buy Peoples' Bank of Arlington Heights in Illinois.

IF Bancorp in Watseka, Ill., has named Linda Hamilton chief operating officer.

Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board.

Union Federal Savings & Loan Association and First Federal Savings & Loan Association, two mutuals in Kewanee, Ill., have agreed to merge.

Algonquin State Bank in Illinois has promoted several employees in a revamping of executive management.