Banking & Finance

U.S. stocks soared today, reducing second-quarter losses, after European Union leaders agreed to steps to bolster the economies of the region’s more troubled nations.

John Nowicki is retiring as the Greenfield Office president at Community Bank & Trust.
Nowicki will be succeeded by Scott Moseley.

Beth Wnuk has been named executive director of the Women's Leadership Institute at Mount Mary College. Wnuk previously served as regional president of PNC Bank in southeastern Wisconsin.

Pittsburgh-based PNC Bank, which has several branches in the Milwaukee area, has agreed to pay $90 million to settle a class-action lawsuit that accused the bank of improperly manipulating its customers’ debit-card transactions to generate excess overdraft fee revenues.

BMO Harris Bank will close 24 branches, including 17 in Wisconsin, as part of its post-acquisition consolidation efforts.

BMO Harris Bank will close 24 branches, including 17 in Wisconsin, as part of its post-acquisition consolidation efforts.

Eagle Capital Growth Fund Inc. and its investment advisor, Sims Capital Management, have moved.

Milwaukee-based Robert W. Baird & Co. Inc. announced that its Public Finance business has added five bankers and opened three new offices in Texas, expanding the firm's presence in the state.

The Fisher-Barton Group of Waukesha has acquired Lund Precision Products Ltd., Ireland, from Lund Precision Group.

Menomonee Falls-based ZBB Energy Corp., a leading developer of intelligent, renewable energy power platforms, said it has completed its previously announced underwritten public offering of 31.6 million shares of its common stock at a price to the public of 38 cents per share.