Banking & Finance

Northwestern Mutual Foundation awards grants through Days of Sharing

The Northwestern Mutual Foundation has announced the recipients of its “Days of Sharing” campaign grant funds. The campaign awards $100,000 to 25 area nonprofit organizations that have been nominated by Northwestern Mutual employees. Winning organizations receive the funds in nominating employees’ names.

New Fiserv study says marketing is key for mobile banking

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.

Survey: Optimism growing among businesses in Milwaukee and Waukesha

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.

BizTimes Money Weekly: New bank opens in Cedarburg

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

First Business Bank completes stock offering

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.

Yabuki to headline Economic Trends Breakfast

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.
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BMO Financial Group caps strong fiscal year

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.

U.S. banks improved performance in 3Q

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.

First Business Bank to add stock offering

First Business Financial Services Inc., the Madison-based parent company of First Business Bank and First Business Bank-Milwaukee, announced it has priced a public offering of 1.1 million shares of common stock at $23.00 per share.

Wipfli acquires Minnesota firm

Milwaukee-based Wipfli LLP, one of the top 25 CPA and consulting firms in the United States, has acquired Duluth, Minn.-based Eikill & Schilling Ltd.

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