Banking & Finance

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.

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.

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 reported record full-year net income of $5.6 billion in 2012, up 15.9 percent from 2011.

Generation Growth Capital Fund I, LP, a Milwaukee-based private equity fund, has acquired Mica Tool & Manufacturing Inc. of Mukwonago.

Anne M. Wenninger Gehring has been hired as senior vice president, managing senior counsel at Associated Bank in Milwaukee....

Baker Tilly Virchow Krause LLP announced that Wayne Morgan has accepted the newly created position of office managing partner of the company’s Milwaukee office.

Brookfield-based GSF Mortgage has named Chad Jampedro as its new president.

Chicago-based Hub International Limited announced it has acquired the assets of Maritime Insurance Group Inc., which has offices in Sheboygan, Manitowoc and Plymouth, Wis.