Banking & Finance

A Sheboygan man has been charged with stealing money from his employer, Kohler Co.
 

Curtis Industries, a Milwaukee-based division of Powers Holdings, announced it has acquired Tri-Mag, Inc., which manufactures standard and customized power supplies.
 

The state Assembly has passed a bill that would invest millions of dollars in state and private money in Wisconsin startups.

The U.S. stock market soared this morning with the Labor Department's latest monthly report showing that the economy added 175,000 jobs in May.

Regent Michael Falbo of Franklin was elected president of the University of Wisconsin System Board of Regents today, and Regent Regina Millner of Madison was elected to serve as vice president of the board.

Wisconsin Bank & Trust, a Madison-based community bank serving businesses and individuals from 10 branch offices statewide, announced that Kevin Tenpas has been named president and chief executive officer.

Waterstone Financial Inc., the parent company for WaterStone Bank SSB, announced today that it will be reorganized, changing from a bank mutual holding company to a fully public stock holding company.

U.S. regulators on Wednesday filed suit against U.S. Bank for allegedly facilitating the embezzlement of customer funds by the jailed founder of Peregrine Financial Group Inc., the collapsed futures brokerage.

Wisconsin Bank & Trust, a Madison-based community bank serving businesses and individuals from 10 branch offices statewide, announced that Kevin Tenpas has been named president and chief executive officer.

Wisconsin banks reported combined net income of $256 million in the first quarter, up from $200 million in the same period a year ago, according to the Quarterly Banking Profile released by the Federal Deposit Insurance Corporation (FDIC).