Banking & Finance

Gov. Scott Walker today signed Senate Bill 520, a package of regulatory changes that apply to credit unions statewide.

Earnings released this week for banks with a presence in the Milwaukee market have been generally positive.

Milwaukee Bucks president and owner Herb Kohl will make a “major announcement” regarding ownership of the Milwaukee Bucks and the future of the franchise at 2:30 p.m. today.

Glendale-based Johnson Controls Inc. has agreed to acquire air distribution and ventilation product manufacturer Air Distribution Technologies Inc. for about $1.6 billion.

Midwest Business Brokers and Intermediaries-Wisconsin Chapter will host Visions through the Eyes of a Buyer – A Buyer’s Perspective on Tuesday, May 6, from 1 p.m. to 5 p.m. at the Milwaukee Athletic Club, 758 N. Broadway in Milwaukee.

Milwaukee-based private equity firm Cleary Gull Inc. has completed the sale of Van Pool Transportation LLC to Fort Point Capital.

The Wisconsin Bankers Association has reassured bank customers that they are protected from unauthorized transactions that could result from a virus called the Heartbleed Bug.

Hartland-based Town Bank has acquired Talmer Bancorp.'s 11 Wisconsin Talmer Bank and Trust branches.

Robert W. Baird & Co. Inc. will retain its name and its Milwaukee headquarters when it acquires Seattle-based investment McAdams Wright Ragen Inc.

Milwaukee-based mining equipment manufacturer Joy Global Inc. has agreed to acquire certain assets of Ontario-based Mining Technologies International Inc. for $46.5 million.