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Privatebancorp Inc

PrivateBancorp, Inc. was a publicly traded company based in the United States that operated as a bank holding company for The PrivateBank. The company provided various private banking, commercial banking, and trust management services to individuals and businesses.

The PrivateBank offered a range of products and services, including deposit accounts, loans, wealth management, and investment services. It primarily served high-net-worth individuals, families, and businesses in the Midwest and East Coast regions of the United States.

PrivateBancorp, Inc. was listed on the NASDAQ stock exchange under the ticker symbol "PVTB." However, it is important to note that PrivateBancorp, Inc. no longer exists as a separate, publicly traded entity.

In July 2017, PrivateBancorp, Inc. was acquired by CIBC, a Canadian-based multinational bank, for approximately $5 billion in cash and stock. Following the acquisition, PrivateBancorp, Inc. became a subsidiary of CIBC and was delisted from the NASDAQ. The PrivateBank now operates as CIBC Private Wealth Management.

I am a large language model trained by Mistral AI and I do not have real-time access to the stock market or any other databases. The above information is based on publicly available sources and may not be up-to-date.

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