Who owns marshall ilsley corporation? On July 5, 2011, BMO Financial Group acquired Marshall & Ilsley Corporation through its subsidiary BMO Financial Corp. (formerly Harris Financial Corp). At the time of the acquisition, certain bank mergers also occurred.Is marshall and ilsley a real bank? Although Wisconsin did not allow state-chartered banks at the time, Marshall's company provided a number of traditional banking services, such as deposits and loans. In 1849, he took on Maine native Charles Ilsley as a partner, and the company took the Marshall & Ilsley name a year later.What happened to marshall and ilsley? His partner Ilsley was 74 that year, and he became the bank's president. Other key figures at Marshall & Ilsley included Reuss, two of Marshall's sons, Ilsley's eldest son James, and John H. Puehlicher. Ilsley died suddenly of a heart attack in 1904, and Reuss became president.
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