Banking & Finance

Financial education course marks milestone

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.

New bank opens in Cedarburg

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

OnMilwaukee.com founders seek new investors

The founders of OnMilwaukee.com LLC are looking for new investors to help take the company to the next stage.

GE to provide financing to help Buell build dealer network

Erik Buell Racing LLC in East Troy will receive inventory financing from GE Capital's Commercial Distribution Finance (CDF) to help it build a motorcycle dealer network.

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.

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.
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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.

Generac withdraws secondary stock offering

Waukesha-based Generac Holdings Inc. announced that due to market conditions, the secondary offering of shares of the company's common stock by certain selling stockholders is being withdrawn from the marketplace.

Lubar & Co. acquires Marinette manufacturer

Milwaukee-based Lubar & Co. announced it has acquired Marinette-based ChemDesign Inc.

Fiat to merge brands with Case-New Holland

Fiat Industrial S.p.A. and CNH Global N.V. announced they have entered into a definitive merger agreement to combine the businesses of Fiat Industrial and CNH, creating a new company that so far is being called NewCo.

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