Banking & Finance

Associated adds new leaders

Kurt Reindl has been named senior vice president, strategic planning manager at Associated Bank in Milwaukee. He is responsible...

Waukesha State Bank adjusts management

Waukesha State Bank has named Jessica Nowak bank manager at its Silvernail Road office in Pewaukee. Tom Lange will...

Airlines increase ancillary revenue

A new report from Shorewood-based airline consultant IdeaWorksCompany shows the ancillary revenue reported by airlines grew to $22.6 billion in 2011, up 66 percent from 2009.

The case for sell-side due diligence

M&A deals have always been challenging to close, and all the more-so in recent years, when sale processes have become protracted and due diligence efforts have intensified. Deals – even good, mutually beneficial ones – can be easily derailed by “surprises” from the seller.

WEDC attracts $100 million from Chinese private equity company

Wisconsin has secured $100 million in foreign direct investment from Chinese private equity firm PiYi Investment Management Co. Ltd.

Sponsorships help BMO Harris introduce itself to Milwaukee area

M&I Bank, founded in 1847 and once the largest Milwaukee-based bank, will officially change its name and systems to BMO Harris Bank in October.
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Canadian company to acquire Menomonee Falls firm

Artaflex Inc. of Ontario, Canada, has entered into a definitive agreement to acquire Menomonee Falls-based MTI International Inc.

Foreign investments to boost Buell motorcycle production

Erik Buell Racing LLC of East Troy will receive $20 million in new investments that will help the company expand production of EBR brand sport motorcycles and create about 200 new jobs.

Johnson Controls foresees ‘softness’ in markets

Glendale-based Johnson Controls Inc. reported fiscal third quarter net income of $417 million, up 17 percent over last year.

Bank Mutual continues recovery

Brown Deer-based Bank Mutual Corp. reported second quarter net income of $1.3 million, or 3 cents per share, compared with a net loss of $51.4 million or $1.12 per share, in the same period a year ago.

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