Banking & Finance

Marquette’s Global Brigades nonprofit spins off microfinance firm with $1.2 million raise

Marquette University-based humanitarian organization Global Brigades is spinning off a for-profit microfinance firm with the backing of four founding investors.

Wisconsin Stamping & Manufacturing president Paul Stangl named to First Business Bank advisory board

Madison-based First Business Bank announced it has added Paul Stangl, president of Germantown-based Wisconsin Stamping & Manufacturing, to its advisory board for its southeastern Wisconsin market.

PNC Bank increasing its minimum wage to $18 per hour

Pittsburgh-based PNC Bank says it will increase its minimum pay rate from $15 to 18 per hour as of Nov. 22.

Steven Klitzing named CFO of PyraMax Bank

The holding company for Greenfield-based PyraMax Bank has appointed Steven Klitzing to serve as senior vice president, chief financial officer and treasurer, according to an SEC filing.

Wauwatosa startup raises $600,000 to manufacture, launch wearable medical device

Wauwatosa-based medical device manufacturer RoddyMedical Inc. raised $600,000 to finance the production and launch of the startup’s first wearable medical device.

Summit Credit Union

The stronger people are financially, the stronger we are as a community. That’s the driving principle behind every credit...

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Rexnord, Regal Beloit receive key IRS ruling for merger

The planned merger of a significant portion of Milwaukee-based Rexnord into Regal Beloit received a significant boost recently as the companies received a private IRS ruling on how to handle overlapping shareholders in the deal.