Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Wisconsin Energy earnings fall on acquisition costs
Milwaukee-based Wisconsin Energy Corp. today reported first quarter net income of $195.8 million, or 86 cents per share, down from $207.6 million, or 91 cents per share, in the first quarter of 2014.
Park Bank to host exit strategy seminars
Milwaukee-based Park Bank will host a series of seminars and workshops for business owners interested in learnings about exit strategies and acquisition opportunities.
High school financial literacy program expands
The EverFi Financial Literacy Program, which aims to improve financial literacy among Wisconsin high schoolers, has received funding from Brookfield-based Spring Bank that has allowed expansion into three new schools.
Vrakas/Blum changes name
Brookfield-based public accounting and consulting firm Vrakas/Blum has changed its name to Vrakas CPAs + Advisors.
Mason Wells invests in Cincinnati power company
Milwaukee private equity firm Mason Wells has made an undisclosed investment in Cincinnati-based CE Power Solutions, a power engineering, testing and maintenance services provider.
Schenck advises Badger Mining on acquisition of Northern Frac Proppants
Milwaukee’s Schenck M&A Solutions served as advisor to Berlin-based Badger Mining Corp. on the recent purchase of the assets of Alma Center-based Northern Frac Proppants II LLC. Terms of the transaction were not disclosed.
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Strong dollar hurting earnings
The sudden surge in the U.S. dollar over the past year has been wreaking havoc on revenue in the latest earnings reports.
Lake Country Wealth Management acquired by Bronfman E.L. Rothschild
Delafield-based Lake Country Wealth Management has been acquired by Madison-based registered investment advisory firm Bronfman E.L. Rothschild L.P.
Associated Bank becomes lead corporate sponsor of the Marcus Center
Thanks to a financial gift Associated Bank has bestowed upon the Marcus Center for the Performing Arts, the bank has been named the lead corporate sponsor of the cultural venue.
Hal Leonard acquires music technology company
Milwaukee-based Hal Leonard Corp. has acquired Tunessence, a music education technology company based in Pittsburgh.