Banking & Finance

Banks and credit unions that actively market their mobile banking services have experienced adoption rates twice as high as financial institutions that do not promote the service, according to a new statistical analysis by Brookfield-based Fiserv Inc.

Businesses in Milwaukee and Waukesha Counties are slightly more optimistic about 2013 than they were heading into 2012, according to the First Business Economic Survey released today by First Business Bank-Milwaukee.

Milwaukee-based Briggs & Stratton Corp. announced it has acquired Companhia Caetano Branco of Brazil for a total consideration of approximately $57 million in cash.

Today, 96 Milwaukee residents will graduate from Make Your Money Talk, a four-week financial education course that teaches basic personal financial management techniques and introduces home ownership and entrepreneurship.

When BMO Harris Bank acquired Ozaukee Bank in Cedarburg, several Ozaukee employees parted ways with the new organization.

When BMO Harris Bank acquired Ozaukee Bank in Cedarburg, several Ozaukee employees parted ways with the new organization.

First Business Financial Services Inc., the parent company for First Business Bank in Madison and First Business Bank-Milwaukee, announced the closing of its previously announced public offering of 1.1 million shares of common stock at $23.00 per share.

Jeff Yabuki, president and chief executive officer of Brookfield-based Fiserv Inc., will headline a stellar panel of business executives at the 2013 Northern Trust Economic Trends Breakfast.

BMO Financial Group, the Toronto-based parent company of BMO Harris Bank, reported strong fiscal fourth quarter earnings and a plan to repurchase up to 15 million of its common stock shares.

Financial institutions reported $37.6 billion in net income in the third quarter, up more than 6 percent from $35.2 billion in the same period a year ago, according to the Federal Deposits Insurance Corp.'s Quarterly Banking Profile.