Banking & Finance
Wisconsin banks, credit unions both saw double-digit income increase in 2020
Wisconsin’s state-chartered banks and credit unions both saw their combined net income increase double-digits in 2020, according to data...
Einhorns’ VC firm taps investment industry veteran to help lead venture fund
Mequon-based Capital Midwest Fund, which is operated by father and son Daniel and Stephen Einhorn, has added capital markets veteran Michael Harper as a partner.
Carla Cross added to Commerce State Bank board
West Bend-based Commerce State Bank has added Carla Cross, president and chief executive officer of Milwaukee-based Cross Management Services, to its board of directors.
Ted Kellner and Paul Sweeney raise $9.5 million fund
Ted Kellner, the founder of Milwaukee-based financial management firm Fiduciary Management Inc., and Paul Sweeney, the co-founder of Milwaukee-based PS Capital Partners, LLC have raised a $9.5 million fund.
Wisconsin PPP loans slowed last week, but still in top half nationally
Wisconsin companies were approved for nearly 8,700 Paycheck Protection Program loans last week for more than $641 million, according to the latest data from the U.S. Small Business Administration.
Koss’ PPP loan forgiveness, work from home trend fueled best quarter in years and stock rally
Sometimes, timing is everything. For Milwaukee-based Koss Corp., the timing of its PPP loan forgiveness helped push it to its best quarter in years and reignited a rally in the company’s stock price.
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Wisconn Valley Venture Fund confirms $100 million fund raise
Eighteen months after the Wisconn Valley Venture Fund announced its formation, the fund confirmed for federal securities regulators that it raised $100 million.
Rite-Hite acquires snow removal system company
Brown Deer-based manufacturer Rite-Hite Holding Corp. has acquired snow removal system manufacturer Scraper Systems, the company announced today.
Wisconsin companies landing greater share of PPP loans compared to last year
Wisconsin companies have received 10,397 of the more than 400,000 loans approved in the roughly two weeks since the Paycheck Protection Program reopened, according to data from U.S. Small Business Administration.
Artisan Partners names Gottlieb as president
Milwaukee-based Artisan Partners Asset Management has named Jason Gottlieb as the investment management firm’s new president.
