Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
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.
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.
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.
West Allis alderman questions State Fair’s cost to taxpayers
A West Allis alderman is asking the city for a fiscal impact analysis of Wisconsin State Fair so he can better understand the total costs to taxpayers during the annual event.
MADISON- Stock futures go on wild roller coaster ride
Stock traders are reeling from one of the most turbulent market moves in history, after a record-breaking collapse on Monday followed by rallies that were nearly as intense. Although some analysts fear volatile markets, others recognize that volatility brings larger rewards along with larger risks.
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Nationstar to provide up to $30 million to help distressed Milwaukee homeowners
Dallas-based mortgage servicing firm Nationstar Mortgage Holdings Inc. will provide up to $30 million in mortgage modifications to help financially-strapped Milwaukee residents keep their homes, under a partnership agreement announced today by city officials.
Therapy Plus acquired by national physical therapy firm
Milwaukee-based Therapy Plus has been acquired by Exton, Pa.-based Physiotherapy Corp.
Six tips on helping your 401(k) participants cope with volatile markets
Volatility has returned to U.S. stock markets with a vengeance. The Dow Jones Industrial Average has fluctuated by a thousand or more points on recent trading days. During these times your 401(k) plan participants can become very nervous. Plan sponsors and their investment advisors should help participants remain calm during these periods of intense market fluctuations by sharing the following:
Stock market volatility continues
The New York Stock Exchange continues its rocky stretch, and the Dow Jones Industrial Average was down another 205 points at close Tuesday, partially driven by fears about an economic slowdown in China.
