Banking & Finance

Matt Smith has been named director of retirement sales and strategy at BMO Retirement Services, a part of BMO...

Municipal spending restraint was evident in a new study of 243 major cities and villages in Wisconsin.

Beth Wnuk, former regional president of Wisconsin for PNC Financial Services Group, has been named executive director of the Women's Leadership Institute at Mount Mary College.

Racine-based S.C. Johnson & Son Inc. has reached an agreement to acquire ITW's global Space Bag brand and related assets.

Allison Transmission Inc,, the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and hybrid-propulsion systems for city buses, announced it has invested in a non-controlling equity stake in Odyne Systems LLC of Waukesha.

Cory Nettles, managing director of Generation Growth Capital and former secretary of the Wisconsin Department of Commerce, has joined the Greater Milwaukee Foundation Board.
“We are excited to have Cory joining our Board,” said Ellen Gilligan, president and chief executive officer of the Greater Milwaukee Foundation. “He brings private, and nonprofit sectors.”

U.S. Bank announced it is providing more than $2.8 million in new markets tax credit equity for the construction of a 52,000-square-foot office and fabrication facility for J.F. Ahern Co. in the Menomonee Valley in Milwaukee.

Dorner Mfg. Corp. has been recapitalized by Incline Equity Partners. Cleary Gull Inc. of Milwaukee acted as exclusive financial advisor to Dorner in the transaction.

U.S. Bank will host the holiday fireworks display on the Milwaukee lakefront tonight at 9:30 p.m. The fireworks will be launched from three barges on the lake, near Veterans Park.

The Wisconsin Economic Development Corporation has invited credit unions to participate in a July 26 dialogue that will explore ways to make the state’s financial industry more competitive and robust.