Marshall & Ilsley Corp.'s acquisition of a majority stake in Taplin, Canida & Habacht Inc. of Miami in December is going exactly according to plan, according to an M&I executive. But analysts say it likely will be the last acquisition of its kind for a while as banks become sellers rather than buyers in the investment business.

As the majority owner of the institutional fixed-income specialist, which had $7.5 billion of assets under management at the end of September, M&I has been able to expand its investment offerings and become "more attractive to existing and future institutional clients," said Tommy Huie, the chief investment officer of the Milwaukee banking company's investment management arm.

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