Banking & Finance
Actuant records robust quarter
Menomonee Falls-based Actuant Corp. reported fiscal first quarter net earnings of $37.2 million, or 50 cents per share, up from $25.9 million, or 35 cents per share, in the same period a year ago.
Fed approves PNC acquisition of RBC Bank
The Federal Reserve Bank has given PNC Financial Services Group a green light to acquire RBC Bank USA.
Federal Home Loan Bank names Ries vice chair of housing committee
The Federal Home Loan Bank of Chicago named Leo Ries of Milwaukee its vice chair of the Affordable Housing Committee.
Mason Wells acquires Mullinix Packages
Milwaukee private equity firm Mason Wells announced it has acquired Ft. Wayne, Ind.-based manufacturer Mullinix Packages Inc.
Marcus reports strong quarter
The Marcus Corp. today reported fiscal second quarter net earnings of $2.8 million, or 10 cents per share, up from $2.1 million, or 7 cents per share, in the same period a year ago.
Baird Venture Partners adds partners
Baird Venture Partners (BVP), the venture capital fund of Baird Private Equity, today announced that Donald Layden Jr. and Frederick Robertson, M.D., have joined the firm as operating partners.
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Morningstar selects Fiserv portfolio platform
Morningstar Investment Services has selected Brookfield-based Fiserv Inc.’s managed account technology to support Morningstar Managed Portfolios.
Associated Bank to close 21 branches
Associated Bank announced it plans to close 21 branches across three states, including 16 in Wisconsin, in the late first quarter and early second quarter of 2012.
Fiserv spreads holiday cheer
Brookfield-based financial services technology provider Fiserv Inc. is supporting holiday charities across the country, including in Brookfield.
