Sep 2, 2009

Marshall & Ilsley (M&I) Worries Persist

Marshall & Ilsley (M&I) bank holding company has been the topic of concern in financial and professional service communities for some time.

Yesterday's news that Fitch Ratings "has placed the Issuer Default Rating (IDR) and debt ratings of Marshall & Ilsley Corporation (MI) and its subsidiary banks ... [on] Rating Watch Negative" has solidified concerns about the health of the financial holding company that is the largest Wisconsin-based bank company, with some 194 offices in the state.

Some see M&I's outstanding commercial real estate loans as worrying.

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