Banking & Finance

MGIC posts strong profit in Q2

Milwaukee-based MGIC Investment Corp. today reported second quarter net income of $113.7 million, or 28 cents per share, up significantly from $45.5 million, or 12 cents per share, in the second quarter of 2014.

Bank Mutual reports flat quarter on fewer loans

Brown Deer-based Bank Mutual Corp. reported second quarter net income of $3.6 million, or 8 cents per share, flat from the second quarter of 2014.

U.S. Bancorp records flat Q2

U.S. Bancorp today reported second quarter net income of $1.5 billion, or 80 cents per share, flat from $1.5 billion, or 78 cents per share, in the second quarter of 2014.

PNC reports lower profits in second quarter

The PNC Financial Services Group Inc. today reported second quarter net income of $1 billion, or $1.88 per share, down from $1.1 billion, or $1.85 per share, in the second quarter of 2014.

Milwaukee Biz Blog: Angel, venture investments in Wisconsin took healthy jump in 2014

One of the enduring gripes about Wisconsin's startup and scale-up climate has been the lack of enough angel and venture capital.

U.S. Bank adds Fiserv billing service

U.S. Bank, the fifth largest bank in the U.S., has added to its services the Biller Advantage product offered by Brookfield-based Fiserv Inc.
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First Bank Financial Centre to open Glendale branch

Oconomowoc-based First Bank Financial Centre plans to open a branch in Glendale later this year.

Bank Mutual names new COO

Brown Deer-based Bank Mutual Corp. has hired Joe Fikejs as chief operating officer.

ARI Network Services acquires Direct Communications

Milwaukee-based ARI Network Services Inc. today announced that it has acquired Des Moines, Iowa-based Direct Communications Inc. Terms of the transaction were not disclosed.

Angel, venture investments in Wisconsin took healthy jump in 2014

One of the enduring gripes about Wisconsin's startup and scale-up climate has been the lack of enough angel and venture capital.

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