Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
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.
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.
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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.
Milwaukee is key market for Associated Bank
Associated Banc-Corp, the largest Wisconsin-based bank, second quarter net income of $42 million, or 24 cents per share, up from $26 million, or 15 cents per share, in the same period a year ago.
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.
Federal Reserve reports slowdown of growth in Midwest
The Federal Reserve Bank of Chicago reports in its latest “Beige Book” that the economic conditions in the Seventh District, which includes Wisconsin and most of the upper Midwest, continue to improve, although the pace of growth has slowed.
