Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Associated Banc-Corp earnings decline
Green Bay-based Associated Banc-Corp reported second quarter net income of $46.4 million, or 28 cents per share, down from $47.9 million, or 28 cents per share, in the second quarter of 2013.
Roadrunner acquires Indiana transportation firm
Cudahy-based Roadrunner Transportation Systems Inc. has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.
Doyle promoted at North Shore Bank
Susan Doyle has been named senior vice president of retail banking at Brookfield-based North Shore Bank.
Area firms ranked in Financial Times Top 300
Five Wisconsin firms were recently recognized in a Financial Times Top 300 listing, including Elm Grove-based Annex Wealth Management, Milwaukee-based Cleary Gull, Milwaukee-based Diversified Management Inc. and Milwaukee-based Sadoff Investment Management.
Artisan reports 29% revenue increase
Milwaukee-based Artisan Partners Asset Management Inc. reported second quarter net income of $19.3 million, or 42 cents per share, up from $5.7 million, or 38 cents per share, in the second quarter of 2013.
WaterStone Bank names three new leaders
Wauwatosa-based WaterStone Bank has named two community president and an assistant vice president.
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Midwest deal value has already surpassed 2013
Midwest mergers and acquisitions deal value over the first half of 2014 has already surpassed the value of deals for all of 2013, according to a recent report from MergerMarket.
Roadrunner acquires Indiana transportation firm
Cudahy-based Roadrunner Transportation Systems Inc. has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.
Organic sales drive higher Snap-on earnings
Kenosha-based Snap-on Inc. reported second quarter net earnings of $108.8 million, or $1.80 per share, up from $90.7 million, or $1.50 per share, in the second quarter of 2013.
Johnson Controls earnings down on restructuring charges
Glendale-based Johnson Controls Inc. reported fiscal third quarter net income of $196 million, or 26 cents per share, down significantly from $572 million, or 80 cents per share, in the third quarter of 2013.