Economic Development

Associated Bank begins year on high note

Associated Banc-Corp, the Green Bay-based parent company of Associated Bank, reported fourth quarter net income $45 million, or 26 cents per share, up from $40 million, or 23 cents per share, in the same period a year ago.

Jacsten acquires Illinois packaging company

Milwaukee private investment firm Jacsten Holdings LLC has acquired Lake Villa, Ill.-based Vonco Products Inc.

Bankers confident in state’s economic health

Most Wisconsin bank leaders consider the state’s economic health to be at least “fair,” according to a Bank CEO Economic Conditions Survey recently conducted by the Wisconsin Bankers Association.

Expect consolidations in banking industry

Financial institutions will continue to improve from a profitability standpoint throughout 2013. However, earnings pressures will also continue to challenge the industry.

The fiscal cliff: Now for the hard part

The U.S. House of Representatives recently passed the American Taxpayer Relief Act (ATRA), addressing the tax portion of the fiscal cliff, but delaying decisions on the spending part for another two months (for now).

New hires and promotions

Anne M. Wenninger Gehring has been hired as senior vice president, managing senior counsel at Associated Bank in Milwaukee....
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Morgan to lead Baker Tilly’s Milwaukee office

Baker Tilly Virchow Krause LLP announced that Wayne Morgan has accepted the newly created position of office managing partner of the company’s Milwaukee office.

Jampedro is new president of GSF Mortgage

Brookfield-based GSF Mortgage has named Chad Jampedro as its new president.

Chicago firm acquires Maritime Insurance Group

Chicago-based Hub International Limited announced it has acquired the assets of Maritime Insurance Group Inc., which has offices in Sheboygan, Manitowoc and Plymouth, Wis.

Pewaukee CPA firms merge

Jannsen + Company of Pewaukee announced a merger with Maynard & Belt Certified Public Accountants.

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