Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
MADISON- The downside of keeping interest rates so low for so long
The last time the Federal Reserve raised interest rates, it was summer of 2006 — back when Shakira was topping the music charts, Barry Bonds was breaking home run records and the housing bubble was still inflating.That's quite a while ago.That could change if the Fed were to end its two-day meeting today by announcing a rate increase.
Bud and Miller parents in acquisition talks
Anheuser-Busch InBev SA/NV, the parent company of Budweiser, has indicated to SABMiller, the parent of MillerCoors, that it plans to make an acquisition offer.
Commerce State Bank to open Sheboygan branch
West Bend-based Commerce State Bank has announced it will open a new branch in Sheboygan.
Associated Bank names Utz Milwaukee market president
Green Bay-based Associated Banc-Corp has named John Utz its Milwaukee market president.
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.
Brady Corp. begins to ‘dig out’ of losses
Milwaukee-based Brady Corp. today announced a fiscal fourth quarter net loss of $39.4 million, or 77 cents per share, compared with a net loss of $110.4 million, or $1.89 per share, in the fourth quarter of 2014.
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LA CROSSE- Mayor calls for lower tax rate for La Crosse
The city’s tax rate would go down 5 cents per $1,000 in property value under the $71.76 million proposed 2016 executive budget Mayor Tim Kabat unveiled Thursday.
MADISON- Dane County bond rating upgraded to triple A
Dane County's bond rating was upgraded to the highest possible level for the first time since 2010, Dane County Executive Joe Parisi's office announced Thursday.
Johnson Controls sells security business to Virginia company
Glendale-based Johnson Controls Inc. will sell its federal security integration business to Springfield, Va.-based Versar Inc. The companies had previously been in a joint venture.
Promontory Point advises on sale of Chicago manufacturer
Milwaukee-based investment bank Promontory Point Capital has advised Chicago-based circuit board product and service provider Tapco Circuit Supply on the sale of its drill room and lamination products businesses to Taiwanese company TCT Group.