Banking & Finance

6%

Wisconsin residents with $1 million or more in net worth have designated an average of 6 percent of their estates to charity in their wills, according to a new poll by BMO Private Bank.

Trust code rewritten to favor state administrators

A bill headed to Gov. Scott Walker's desk aims to drive out-of-state funds into state-based trust accounts, providing a boost to local banks and trust administrators.

Roundy’s to launch private offering to finance acquisitions

Milwaukee-based Roundy's Inc. today announced that its wholly owned subsidiary, Roundy's Supermarkets Inc., intends to offer, subject to market and other customary conditions, $200 million in aggregate principal amount of senior secured second lien notes due 2020.

ARI stock to be traded on NASDAQ

Milwaukee-based ARI Network Services Inc., a provider of website, software and data solutions, announced today that its application to list the company's common stock on the NASDAQ Capital Market has been approved.

Generation Growth acquires Garden & Associates

Milwaukee private equity firm Generation Growth Capital Inc. has acquired Garden & Associates Inc., a Minneapolis company that provides language outsource services for medical settings.

Eder Flag acquires Baartol assets

Oak Creek-based Eder Flag Manufacturing Co. has acquired some of the assets and expertise of Baartol Company, a Kenton, Ohio-based flagpole manufacturer that is going out of business.
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Wells Fargo promotes Fameree to lead Green Bay region

Wells Fargo & Company today said that Tom Fameree, a veteran banker and lifelong Wisconsin resident, has been promoted to head of the company's growing Regional Commercial Banking Office in Green Bay.

Panel to focus on ‘Key Industries for Job Growth’

Wisconsin Gov. Scott Walker and a panel of business executives will focus on the “Key Industries for Job Growth.”

Roundy’s to acquire Dominick’s stores in Chicago area

Milwaukee-based Roundy's Inc. has signed a definitive agreement to acquire 11 Dominick's stores in the Chicago area from Safeway Inc. in a $36 million cash and lease assumption transaction.

California private equity firm acquires Maysteel

Revolution Capital Group, a Los Angeles-based private equity firm, announced it has acquired Maysteel, a manufacturer of precision sheet metal enclosures in Allenton, Wis.

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