Banking & Finance

The Society for Financial Service Professionals (SFSP), Milwaukee Chapter, is seeking nominations for the Wisconsin Business Ethics Award (WBEA) until Friday, Oct. 19. In its second year, the award praises companies for their ethical business practices, quality in their product and service offerings, and their community support and outreach initiatives.

The Marcus Corp. has reported that record revenues and improved operating income of its hotel business were not enough to compensate for lagging revenues from its theater business in the fiscal first quarter.

To spark franchise growth and introduce a tempting opportunity to potential business owners, Menomonee Falls-based Cousins Subs has announced a new Founders Program that will put nearly $100,000 back into the hands of franchisees who invest in three to five Cousins Subs properties.

Pewaukee-based Stay-Lite Lighting recently acquired J&J Commercial Lighting, located near Cleveland, Ohio, to strengthen its lighting service and lighting upgrade offerings.

Actuant Corp. has announced that it expects to report a non-cash pre-tax asset impairment charge of approximately $60 million in its fourth quarter operating results.

Brookfield-based Patina Solutions, a firm that provides proven, accomplished professionals with years of experience for key projects and engagements, announced that Howick Associates has joined the firm, forming Patina’s new Leadership and Organizational Development practice. Madison-based Howick Associates has been an advisor and collaborative partner to leading organizations in developing talent, driving change and delivering results.

Pewaukee-based Stay-Lite Lighting recently acquired J&J Commercial Lighting, located near Cleveland, Ohio, to strengthen its lighting service and lighting upgrade offerings.

The four largest banks in America hold about 40 percent of the nation’s deposits.

Brookfield-based Fiserv Inc., a global provider of financial services technology solutions, announced that more than 1,100 financial institutions have selected mobile banking solutions from the company.

I’m sorry, but if you repeat a lie often enough, it still doesn’t make it the truth. That hasn’t stopped Wall Street apologists from continuing the stale assault that the Transaction Account Guarantee program is a taxpayer-supported government bailout. The latest potshots come from The Wall Street Journal, which has again concluded that because the government should reduce its support for the banking system, somehow TAG should be the first to go.