Banking & Finance
GREEN BAY- Baylake, Nicolet can overcome merger concerns
Nicolet National Bank and Baylake Bank executives have plenty of challenges ahead as they clear regulatory hurdles and merge operations.
BMO Harris Bank to sponsor ‘The Nutcracker’ for third year
BMO Harris Bank has announced plans to renew its sponsorship of Milwaukee Ballet’s “The Nutcracker” for the upcoming holiday season.
Sikich to acquire division of Jannsen + Co.
The audit, accounting and tax practice of Pewaukee-based Jannsen + Co. will be acquired by Naperville, Ill.-based Sikich LLP, the companies have announced.
GREEN BAY- Nicolet, Baylake merger would form $2.2B bank
Baylake Bank and Nicolet National Bank are merging to become the fifth-largest Wisconsin-based bank in both assets and deposits.
Andrew named chief investment officer at Johnson Bank
Racine-based Johnson Financial Group has named Brian Andrew, CFA, chief investment officer.
Johnson Controls completes sale of facilities management business
Glendale-based Johnson Controls Inc. has completed the sale of its Global Workplace Solutions segment to CBRE Group.
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Columbus McKinnon completes acquisition of Magnetek
Amherst, N.Y.-based Columbus McKinnon Corp., a material handling products manufacturer, has completed its acquisition of Menomonee Falls-based Magnetek Inc.
Wisconsin Banks increased lending in second quarter
Wisconsin banks reported net income of $614 million in the first half of the year, up from $471 million in the first half of 2014, according to the Quarterly Banking Profile released today by the Federal Deposit Insurance Corp.
WaterStone Bank names community presidents for new branches
Wauwatosa-based WaterStone Bank has hired two new community presidents, to lead its new Greenfield and Fox Point branches.
Baird launches two new bond funds
Baird Funds, a division of Milwaukee-based Robert W. Baird & Co. Inc., has launched two new municipal bond funds.