Banking & Finance
Expect consolidations in banking industry
Financial institutions will continue to improve from a profitability standpoint throughout 2013. However, earnings pressures will also continue to challenge the industry.
Technology gives consumers more power
Consumers are more connected than ever, with Wi-Fi, 4G, aircards and other technology allowing people to connect to the Internet almost anywhere.
The fiscal cliff: Now for the hard part
The U.S. House of Representatives recently passed the American Taxpayer Relief Act (ATRA), addressing the tax portion of the fiscal cliff, but delaying decisions on the spending part for another two months (for now).
BizTimes Nonprofit Weekly: U.S. Bank donates $20,000 for Fisher House
U.S. Bank has funded a $20,000 grant to Fisher House Wisconsin to support the construction of the nonprofit’s onsite facility at the Clement J. Zablocki VA Medical Center in Milwaukee.
Bank Mutual caps profitable year
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 Bank begins year on high note
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.
- Advertisement -
Booth to succeed Purcell as CEO of Baird
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 company announced today.
Northern Trust caps strong year
Chicago-based Northern Trust Corp., the parent company of Northern Trust Bank, reported fourth quarter net income of $167.7 million, or 69 cents per share, up from $130.2 million, or 53 cents per share, in the same period a year ago.
U.S. Bancorp posts record year
U.S. Bancorp reported record full-year net income of $5.6 billion in 2012, up 15.9 percent from 2011.
Generation Growth acquires Mica Tool & Manufacturing
Generation Growth Capital Fund I, LP, a Milwaukee-based private equity fund, has acquired Mica Tool & Manufacturing Inc. of Mukwonago.
