Banking & Finance
M&A activity flat in first half
National mergers and acquisitions activity was mostly flat in the Americas for the first half of the year, according to a report from Mergermarket and Merrill DataSite.
Waterstone Mortgage approved for Ginnie Mae
Pewaukee-based Waterstone Mortgage Corp. has been approved as a Ginnie Mae issuer for the Ginnie Mae I and II single-family mortgage-backed securities program.
Nordco acquired by NY private equity firm
Oak Creek-based Nordco Inc. has been acquired by Greenbriar Equity Group LLC, a New York-based private equity firm that targets the global transportation industry.
BizTimes Money Weekly: New York firm acquires Nordco
Oak Creek-based Nordco Inc. has been acquired by Greenbriar Equity Group LLC, a New York-based private equity firm that targets the global transportation industry.
Briggs & Stratton caps rough quarter
Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $55.0 million, or $1.17 per share, compared with a net loss of $8.4 million, or 18 cents per share, in the same period a year ago.
Zeske is new vice president at Bank Mutual
Bank Mutual Corp. announced the appointment of Jeanne Zeske to vice president of commercial banking for southeastern Wisconsin.
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Briggs & Stratton caps rough quarter
Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $55.0 million, or $1.17 per share, compared with a net loss of $8.4 million, or 18 cents per share, in the same period a year ago.
The layers of successful trust planning
Regardless of the intended purpose, the process of completing and implementing a trust involves layers of planning and analysis. This article touches on two of those layers.
94
JPMorgan Chase is eliminating 94 positions in its mortgage banking line of business, most of them in downtown Milwaukee. The bank had 1,967 employees in Wisconsin as of December 2012.
Kohl’s reports flat quarter
Kohl’s Corp. today reported second quarter net income of $231 million, or $1.04 per share, compared with $240 million, or $1.00 per share in the same period a year ago.