Banking & Finance

Milwaukee-based MGIC Investment Corp. continues to post hefty losses. The company today reported a first quarter net loss of $72.9 million, or 31 cents per share, up significantly from a net loss of $19.56 million, or 10 cents per share, in the first quarter of 2012.

Chicago-based accounting, tax and advisory firm Baker Tilly Virchow Krause LLP will merge with New York-based Holtz Rubenstein Reminick LLP on June 1.

Jacksonville, Fla.-based FIS notified the Wisconsin Department of Workforce Development that it will close its facility at 1515 N. Rivercenter Drive in Milwaukee and lay off about 301 employees.

Irvine, Calif.-based CoreLogic, a residential property information, analytics and services provider, announced the acquisition of Case-Shiller from Brookfield-based Fiserv Inc.

The U.S. gross domestic product grew at a 2.5 percent rate in the first quarter, up from 0.4 percent in the previous quarter, as consumer spending surged.

BizTimes Media LLC is accepting registrations for business executives to attend the 2013 BizExpo, the largest business-to-business conference in the state.

Summit Credit Union will host a Free Homebuyers Seminar on Wednesday, May 1, from 6 to 8 p.m. at...

Mortgage Guaranty Insurance Corporation has promoted Paul Spiroff to vice president assistant treasurer. Spiroff joined MGIC, the principal subsidiary...

U.S. Bank has opened a new branch in the Walmart store at 4140 W. Greenfield Ave. in Milwaukee.

Milwaukee-based investment banking firm Cleary Gull Inc. has advised Vanguard Graphics International LLC in its recapitalization by Kansas venture Capital Inc., Capital for Business, Jefferson Capital Partners and key members of management.