Banking & Finance

Milwaukee-based Robert W. Baird & Co. Inc. today announced that Jon Langenfeld has been promoted to head of global equities with overall responsibility for Baird’s equity research, sales and trading operations.

Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. 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.

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.

The state is now projected to have nearly $1.7 billion in extra revenue to assemble the next two-year budget.

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

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

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.