Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Lowlands Group sells Trocadero
Milwaukee-based restaurant company Lowlands Group has sold its Trocadero Gastrobar on Milwaukee’s East Side for $1 million, according to state records.
Associated Bank’s corporate banking head to retire
Donna Smith, executive vice president and head of corporate banking at Associated Banc-Corp, has announced she will retire on June 1, 2015.
U.S. Bank closes on $2 million in financing for West Allis hotel
U.S. Bank and First-Ring Industrial Redevelopment Enterprise Inc. announced that they have closed on nearly $2 million in financing for the 100-room Hampton Inn and Suites hotel project at 8201 W. Greenfield Ave. in West Allis near Wisconsin State Fair Park.
PPC Industries to be acquired by New York private equity firm
Mount Kisco, New York-based private equity firm Kohlberg & Co. LLC has agreed to acquire Pleasant Prairie-based PPC Industries Inc.
Associated Bank opens new branch in Racine
Associated Bank on Monday opened a new branch bank in Racine at 5205 Washington Ave.
On the Money: Succession planning key to long-term client service
Ninety-nine percent of independent financial services and advisory practices go out of business when their founder retires, according to consulting firm FP Transitions.
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Bozek named district manager at North Shore Bank
Brian Bozek has been named vice president and central region district manager at Brookfield-based North Shore Bank.
Boston Fed president to speak at WBA forecast lunch
Eric Rosengren, president and chief executive officer of the Federal Reserve Bank of Boston and Gov. Scott Walker will give the keynote addresses at the Wisconsin Bankers Association’s 2015 Wisconsin Economic Forecast Luncheon.
Anchor BanCorp named to Russell indexes
Anchor BanCorp Wisconsin Inc. has been included on a preliminary list of quarterly initial public offering additions to four Russell indexes.
Generation Growth Capital sells Quality Assembly & Logistics
Milwaukee-based private equity fund Generation Growth Capital, Inc., has sold Quality Assembly & Logistics, LLC to the company’s president and chief executive officer, Guy Meyerhofer.
