Banking & Finance

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.

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.

Menomonee Falls-based Actuant Corp. reported fiscal third quarter net earnings of $34.4 million, or 45 cents per share, down from $36.4 million, or 49 cents per share, in the same period a year ago.

Milwaukee-based law firm Quarles & Brady will pay $26.5 million and Greenberg Traurig will pay $61 million to settle a lawsuit against the two firms that accused them of assisting in an Arizona Ponzi scheme that cost investors $900 million, according to a Reuters report.

Milwaukee-based national CPA and consulting firm Wipfli LLP has launched a turnaround and restructuring services practice to help companies who are in operational or financial distress.