Banking & Finance

By late October of last year, three bidders interested in Rexnord’s process and motion control business had emerged. Their offers valued the business anywhere from almost $2.4 billion to a $3 billion offer from Beloit-based Regal Beloit.

As set forth in the American Rescue Plan Act of 2021 (ARP), employers and certain governmental employers are allowed...

One entertaining discussion in the midst of the pandemic financial crisis was what sort of letter or symbol the...

David Lubar, president and chief executive officer of Lubar & Co., has been named to the boards of Ixonia Bancshares and Ixonia Bank and will replace his father, Sheldon Lubar, as chairman of the Ixonia Bancshares board.

Waukesha State Bank recently acquired an 8,700-square-foot office building in the City of Pewaukee, and will move its Prairie Trust division and its wealth management team there from Oconomowoc.

Milwaukee-based Tip a ScRxipt is one of five startups to be selected for the inaugural cohort of Northwestern Mutual’s Black Founder Accelerator (NMBFA) program.

Green Bay-based Associated Bank has increased its community commitment plan to $3.37 billion in lending and other support over the next three years, a nearly 40% increase compared to the previous plan.

Steven Smith, 42, of Milwaukee has pleaded guilty to federal bank fraud for his role in fraudulently obtaining over $600,000 in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

We may be on the verge of a new business awakening as vaccine numbers rise and pent-up consumer demand...

As he promised during his run for office, President Biden is working on a $2 trillion tax increase package...