Metavante hits NYSE
November 4, 2007
Digital Transactions:Metavante Corp. hit the New York Stock Exchange last week, capping seven months of work since Marshall & Ilsley Corp., the bank-holding company that founded Metavante in 1964, announced Metavante's spin-off. The latest preparations include the creation of two new divisions and the naming of three new divisional presidents in the Milwaukee-based company's Payment Solutions Group, the unit that accounts for 60 percent of Metavante's $1.5 billion-plus annual revenue.