Banking & Finance
Waterstone names Hosack CFO
Wauwatosa-based Waterstone Financial Inc. and WaterStone Bank SSB have named Allan Hosack senior vice president and chief financial officer.
Growth continues for Fiserv
Brookfield-based Fiserv Inc. capped a year that featured a two-for-one stock split by growing its fourth quarter net income to $221 million, or 84 cents per share, from $179 million, or 66 cents per share.
Associated Bank launches mobile banking app
Brookfield-based Fiserv Inc. recently announced that Associated Bank has expanded its mobile banking and payment capabilities and added a tablet banking app with Mobiliti from Fiserv.
Milwaukee Biz Blog: Estate planning lessons learned from Downton Abbey
Attorney Megan Jerabek says many estate planning lessons can be learned from the plot of the popular Public Television series Downton Abbey.
Associated Bank launches mobile banking app
Brookfield-based Fiserv Inc. today announced that Associated Bank has expanded its mobile banking and payment capabilities and added a tablet banking app with Mobiliti from Fiserv.
BMO forecasts growth for Wisconsin economy
Recent indicators point to stronger economic growth in Wisconsin for the coming year, following moderate expansion in 2013, according to the bi-annual U.S. State Monitor Report from BMO Economics.
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U.S. Bank to add hundreds of jobs downtown
Minneapolis-based U.S. Bancorp plans to add about 300 employees to its downtown Milwaukee workforce in the next couple of years, according to U.S. Bank vice president Joe Ullrich.
On the Money: How to tell when a stock is truly cheap
When considering valuation-conscious investing, often the first metric that comes to mind is price/earnings. This fundamental measure of value identifies stocks whose share prices are moderate relative to their profitability. However, it takes more than just one factor to get through Heartland's investment process. Another less-understood valuation measure, the “Enterprise Multiple,” can help identify true discounted companies.
Northwestern Mutual confirms Russell plans
Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. has confirmed it is exploring “strategic alternatives,” including a potential sale, of its majority ownership in Russell Investments.
Artisan closing Global Value fund
Artisan Partners Asset Management Inc. announced it will close its Global Value strategy and the Artisan Global Value Fund on Feb. 14.