Profile: Marshall & Ilsley Corporation (MI)

Marshall & Ilsley Corporation (M&I) is a bank holding company. M&I provides diversified financial services to a variety of corporate, institutional, government and individual customers. M&I’s principal assets are the stock of its bank and nonbank subsidiaries, which, as of February 15, 2009, consisted of five bank and trust subsidiaries and a number of companies engaged in businesses that are closely-related or incidental to the business of banking. M&I provides its subsidiaries with financial and managerial assistance in area, such as budgeting, tax planning, auditing, compliance assistance, asset and liability management, investment administration and portfolio planning, business development, advertising and human resources management. M&I has four reportable segments: Commercial Banking, Community Banking, Wealth Management and Treasury.

On January 2, 2008, the Company completed its acquisition of First Indiana Corporation (First Indiana). On December 3, 2008, it completed its acquisition of a majority interest in Taplin, Canida & Habacht, Inc. (TCH), an institutional fixed income money manager. As of December 31, 2008, M&I had consolidated total assets of approximately $62.3 billion and consolidated total deposits of approximately $41 billion. The Company’s principal activities consist of banking and wealth management services. M&I provides banking services, which include lending to and accepting deposits from commercial and community banking customers, through its lead bank, M&I Marshall & Ilsley Bank (M&I Bank); Southwest Bank, an M&I Bank (Southwest Bank); M&I Bank FSB, a federal savings bank subsidiary of M&I, and an asset-based lending subsidiary. M&I provides these services through branch offices of M&I’s subsidiary banks located throughout Wisconsin and Arizona, in western and central Florida, central Indiana, the metropolitan areas of Minneapolis, Minnesota, Kansas City, Missouri and St. Louis, Missouri, and Duluth, Minnesota, Belleville, Illinois, and Las Vegas, Nevada, and through the Internet.

Wealth Management includes Marshall & Ilsley Trust Company National Association (M&I Trust Company), M&I Financial Advisors, Inc. (M&I Financial Advisors), the private banking divisions of M&I’s bank subsidiaries and other subsidiaries related to the wealth management business. Wealth Management services include trust services, brokerage and insurance services, and investment management and advisory services, which are provided to residents of Wisconsin, Arizona, Minnesota, Missouri, Kansas, Florida, Nevada and Indiana. Other financial services provided by M&I include personal property lease financing, wholesale lending, investment services to institutional clients and venture capital.

Commercial Banking

M&I’s Commercial Banking segment provides financial expertise in corporate, commercial, correspondent and commercial real estate banking. Commercial Banking provides a line of commercial, corporate and real estate banking products and services, including traditional commercial loans and lines of credit, letters of credit, asset-based lending, equipment financing, mezzanine financing, global trade services, treasury management and other financial services to middle market, corporate and public sector clients. Commercial Banking also supports the commercial real estate and correspondent banking markets with products and services, including secured and unsecured lines of credit, letters of credit, construction loans for commercial and residential development and land acquisition and development loans.

Community Banking

M&I’s Community Banking segment provides consumer and business banking products and services to customers primarily within the states in which M&I offers banking services. Community Banking services are provided through branches located throughout Wisconsin and Arizona, in western and central Florida, central Indiana, the metropolitan areas of Minneapolis, Minnesota, Kansas City, Missouri and St. Louis, Missouri, and Duluth, Minnesota, Belleville, Illinois, and Las Vegas, Nevada, and through the Internet. Consumer products include loan and deposit products such as mortgages, home equity loans and lines, credit cards, student loans, personal lines of credit and term loans, demand deposit accounts, interest bearing transaction accounts and time deposits. Business banking products include secured and unsecured lines and term loans for working capital, inventory and general corporate use, commercial real estate construction loans, agricultural loans, demand deposit accounts, interest bearing transaction accounts and time deposits.

Wealth Management

The Wealth Management segment, which includes M&I’s trust, brokerage and private banking business, provides integrated asset management, trust and banking services through three business lines: Investment Management, Personal Services and Institutional Services. Investment Management is a multi-dimensional asset management service with a range of strategies, styles and product delivery options, such as separately managed equity and fixed income strategies, managed asset allocation strategies, alternative investments and The Marshall Funds, M&I’s family of mutual funds. Personal Services includes Cedar Street Advisors, Personal Wealth Management and M&I Financial Advisors. Cedar Street Advisors manages the financial affairs of ultra high-net-worth individuals and their families. Personal Wealth Management services assemble and implement an all-inclusive financial roadmap for high-net-worth individuals and families, providing for their private banking (credit and deposits), investment, estate and tax planning needs. The Institutional Services business includes retirement plan services, taft-hartley services, not-for-profit services, north star deferred exchange and trust operations outsourcing.

Treasury

Treasury provides management of interest rate risk, capital, liquidity, funding and investments to the Company. these services are also provided to all of the Company’s subsidiary banks.

Others

The Other segment includes a Capital Markets Division and a National Consumer Banking Division. The Capital Markets Division provides a variety of products and services designed to address its customers’ risk management and investment needs. These services include derivative solutions and investment services, currency conversion and foreign exchange services and risk management. These services are provided primarily to corporate, business banking and financial institution clients. The National Consumer Banking Division provides wholesale home equity consumer lending, indirect automobile financing, and affinity banking services.