Banking & Finance

The Milwaukee Common Council adopted a resolution directing various city departments to evaluate and report on the economic impact to the city of Wisconsin Energy Corp.’s proposed acquisition of Integrys Energy Group so the city can determine whether or not to oppose the transaction.

Webster Financial Corp., parent company of Webster Bank N.A., has announced a deal to acquire the health savings account business from JPMorgan Chase Bank N.A.

Glendale-based Johnson Controls Inc. today announced Bruce McDonald has been named executive vice president and vice chairman, effective immediately.

Milwaukee-based information technology firm Symmetry Corp. has named Andy Breton chief financial officer.

On the heels of Koss Corp.’s announcement that it experienced a drop in sales and is halting production in Mexico, the company has released a new product, the BT540i Wireless Bluetooth headphone.

Milwaukee-based The Marcus Corp. reported first quarter net earnings of $12.3 million, or 45 cents per share, down from $12.8 million, or 50 cents per share, in the first quarter of 2013.

A planned reorganization of the corporate structure of radio and television operations of Journal Broadcast Group under E.W. Scripps was announced with an internal memo.

The deficit in the state's unemployment insurance trust fund, which was $1.4 billion in the red in January of 2011, has been eliminated, Gov. Scott Walker announced.

A Russian beverage company said Thursday it is acquiring the Pabst Brewing Company, which produces Milwaukee legacy beer Pabst Blue Ribbon and other brands such as Colt 45 and Old Milwaukee.

Brookfield-based financial services technology provider Fiserv Inc. recently started offering a mobile payment capability called tokenization to its debit and credit issuer clients.