Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
U.S. Bank Center parking structure re-opens
The parking structure at the U.S. Bank Center in downtown Milwaukee has been re-opened, after it had been closed last week, a U.S. Bank spokeswoman said this morning.
Advicent Solutions acquires Dutch financial software firm
Wauwatosa-based Advicent Solutions has acquired Figlo, a Rotterdam, Netherlands-based developer of interactive software used for real-time communication between financial advisors and their clients.
City to evaluate impact of Wisconsin Energy’s acquisition plan
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.
HSA Bank to gain $1.3 billion of deposits in Chase deal
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.
Johnson Controls names McDonald vice chairman
Glendale-based Johnson Controls Inc. today announced Bruce McDonald has been named executive vice president and vice chairman, effective immediately.
Symmetry names Breton CFO
Milwaukee-based information technology firm Symmetry Corp. has named Andy Breton chief financial officer.
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Koss Corp. releases new product amid fiscal setbacks
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.
Marcus earnings down on weak movie lineup
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.
Journal broadcast reorganization plan announced
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.
State’s unemployment insurance trust fund deficit eliminated
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.