Banking & Finance

HY Connect, an independent marketing and communications firm with offices in Milwaukee and Chicago, has acquired lonelybrand, a digital marketing agency operating in Chicago.

Dan Blake, project manager for a California electronic medical records installation at Epic Systems, will leave his post and join the Wisconsin Technology Council as the director of its Wisconsin Angel Network in mid-March.

Milwaukee-based MGIC Investment Corp., the nation's largest private mortgage insurer, reported a fourth quarter net loss of $386.7 million, compared with a net loss of $135.3 million in the fourth quarter for fiscal 2011.

TruStone Financial Federal Credit Union of Plymouth, Minn. announced it has reached an agreement to acquire Ladish Community Credit Union (LCCU) of Cudahy.
The boards of directors of both organizations unanimously approved a merger of the two credit unions.

Lawmakers in Washington have done what previously seemed unthinkable: They have allowed sequestration to mindlessly cut spending across the board rather than agree to a coherent deficit-reduction plan.

Cleary Gull Advisors in Milwaukee has hired Brady Endl and promoted Charles Batchelor and Mike Peters.

Canton, Ohio-based LEL Operating Company, the parent company of Superior Dairy Inc., has submitted a $5.5 million bid on the now-shuttered Golden Guernsey Dairy Plant in Waukesha, according to company trustee Charlie Stanziale Jr.

U.S. Bank committed more than $17.5 million in construction debt and tax credit equity for the development of a new residential complex, the Maria Linden Independent Senior and Assisted Living Apartments in Milwaukee.

U.S. Bank committed more than $17.5 million in construction debt and tax credit equity for the development of a new residential complex, the Maria Linden Independent Senior and Assisted Living Apartments in Milwaukee.

Wisconsin banks reported net income of $839 million in the fourth quarter of 2012, up dramatically from $488 million in fourth quarter 2011, according to the Federal Deposit Insurance Corp.'s Quarterly Banking Profile.