Banking & Finance

The preferred stock and subordinated debt positions of Waukesha-based bank holding company Waukesha Bankshares Inc. will be auctioned today and tomorrow as part of the federal Troubled Asset Relief Program’s Capital Purchase Program.

Baird Private Equity, the direct private investment arm of Milwaukee-based Robert W. Baird & Co. Inc., today unveiled an updated strategic brand that includes the new name of Baird Capital.

Wauwatosa-based Briggs & Stratton Corp. reported that its fiscal second quarter net sales increased 2 percent to $439.1 million.

Green Bay, Wis.-based Associated Banc-Corp. is consolidating its Chicago operations into one larger office in the West Loop from four other buildings in the market.

Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. today announced its 2012 financial results, which include a record dividend payout to policy owners expected to exceed $5 billion in 2013. The company paid $4.97 billion in dividends last year.

Steve Booth has been promoted to chief operating officer and will eventually serve as chief executive officer and president of Milwaukee-based Robert W. Baird & Co Inc.

Steve Booth has been promoted to chief operating officer and will eventually serve as chief executive officer and president of Milwaukee-based Robert W. Baird & Co Inc.

The River Revitalization Foundation (RRF), Milwaukee's urban rivers land trust, has closed on the purchase of an additional riverfront property on Riverboat Road with assistance from The Conservation Fund's Land Trust Loan Program.

Brown Deer-based Bank Mutual Corp. reported fourth quarter net income of $2.3 million, or 5 cents per share, up from $1.4 million, or 3 cents per share, in the same period a year ago.

Associated Banc-Corp, the Green Bay-based parent company of Associated Bank, reported fourth quarter net income $45 million, or 26 cents per share, up from $40 million, or 23 cents per share, in the same period a year ago.