Ideas

WHEDA makes strong Milwaukee commitment

During 2011, my first year as executive director of the Wisconsin Housing and Economic Development Authority (WHEDA), a major transformation took place to assist Governor Walker with his ambitious statewide job creation goal.

CIB Marine to deregister common stock

Waukesha-based CIB Marine Bancshares Inc., the holding company for Milwaukee's Marine Bank, has filed with the Securities and Exchange Commission to voluntarily deregister its common shares.

Waukesha State Bank names Grulke manager in Brookfield

Waukesha State Bank has named Mitch Grulke the bank manager of its Brookfield office, located on Capitol Drive just west of Brookfield Road.

BMO Financial Group posts strong quarter

BMO Financial Group reported second quarter net income of $1.03 billion (Canadian), up 27 percent or $215 million from the same quarter a year ago.

Register for the M&A Forum

Industry experts will provide insight on the mergers and acquisitions market in Milwaukee at the BizTimes M&A Forum on Friday, June 8, from 7:30 a.m. to noon, at the Pfister Hotel in Milwaukee.

FDIC report shows economic recovery

Bank profits rose in the first quarter, reaching their highest quarterly income levels since the second quarter of 2007, according to the Federal Deposit Insurance Corp. (FDIC) quarterly banking report.
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Raise the lending cap for credit unions

Editor’s note: Brett Thompson, president and chief executive officer of the Wisconsin Credit Union League in Pewaukee, wrote the following Milwaukee Biz Blog in response to this news story.

U.S. Bank sees small business lending increase

U.S. Bank increased its Milwaukee-area small business lending by 20 percent in the first quarter, compared to the same period a year ago.

New hires and promotions

Mitch Grulke has been named bank manager for the Brookfield office of Waukesha State Bank.

First American Capital recognized by SBA

Jeff Bowman, president of First American Capital Corp. in West Allis, has been recognized by the Small Business Administration as Minority Small Business Champion for region five.

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