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Company Description (as filed with the SEC)
PrivateBancorp, Inc. ("PrivateBancorp," we or the "Company"), was incorporated in Delaware in 1989 and is a bank holding company registered under the Bank Holding Company Act of 1956, as amended. The PrivateBank and Trust Company (the "Bank" or the "PrivateBank"), our bank subsidiary, was opened in Chicago in 1991. We provide customized financial services to middle market companies, as well as business owners, executives, entrepreneurs and families in all the markets and communities we serve. The last seven years have been transformative for our Company. In late 2007, we hired a group of senior commercial middle market banking executives from a large Chicago-based financial institution and have since built a team of experienced banking professionals to serve our clients and position us well for the future. ... More ...