Banking & Finance
Laszewski to oversee commercial lending at Waukesha State Bank
The Waukesha State Bank board of directors announced the addition of Tony Laszewski as a senior vice president and manager of commercial lending.
Rexnord acquires Australian Zurn distributor
Milwaukee-based Rexnord today announced it has acquired the assets of LWG Specialised Plumbing Products (LWG) from Hills Holdings Limited.
Mining slump takes toll on Joy Global
With the global demand for mining continuing to decline and its stock trading near its 52-week low, the board of directors of Milwaukee-based Joy Global Inc. has authorized the company to repurchase up to $1.0 billion in shares of common stock over the next 36 months.
Fiserv launches new tablet banking app
Brookfield-based Fiserv Inc. a global provider of financial services technology solutions, has announced the launch of Mobiliti: Tablet, a turnkey mobile banking application for tablet users.
Actuant completes acquisition of Scottish company
Menomonee Falls-based Actuant Corp. announced the completion of its acquisition of Viking SeaTech of Aberdeen, Scotland.
Economy grew at a faster pace in 2nd quarter
The U.S. economy expanded at a faster pace than previously estimated in the second quarter as exports and business investment were revised upward, pushing the revised gross domestic product up 2.5 percent from the initial estimate of 1.7 percent.
- Advertisement -
BMO Harris Bank to sponsor ‘The Nutcracker’
BMO Harris Bank has announced plans to sponsor this year's performance of “The Nutcracker” by the Milwaukee Ballet to ensure that the holiday tradition can take the stage for its 43rd year.
Schwartz takes post at Wells Fargo Bank
Anne Schwartz, who most recently served as the communications director of the Milwaukee Police Department, has accepted a new position as the regional communications director of corporate communications for Wells Fargo Bank.
Bank earnings up in 2Q
Wisconsin banks reported net income of $497 million in the second quarter, up from $407 million in the same period a year ago, according to the Quarterly Banking Profile released by the Federal Deposit Insurance Corp.
BrightStar will fuel startups
As state capital for early-stage companies has continued to plummet in Wisconsin over the past two years, now down to about $25 million, a new nonprofit organization has taken the first steps of a revolutionary approach that it hopes will fill the financial gap to fuel job growth and business development.
