Banking & Finance

Baird net revenue up 13% to $2.33 billion in 2020

Net revenue at Milwaukee-based Robert W. Baird & Co. Inc. increased 13% in 2020 to $2.33 billion, marking the 11th straight year the company has achieved record revenues.

Multiple bidders, a news article and rising stock prices: How the price tag for Rexnord-Regal Beloit deal went up $1 billion

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.
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David Lubar named chairman of Ixonia Bancshares board

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 to move its Prairie Trust division and wealth management team to Pewaukee

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.

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