Banking & Finance
Fiserv expects measured recovery from pandemic’s economic impact
Brookfield-based payments giant Fiserv reported early signs of recovery from the economic impact of the coronavirus pandemic after enduring a decline in business due to shelter-in-place orders, the company recently announced in an earnings call.
Techniplas files for bankruptcy after COVID-19 stalls private equity deal
Nashotah-based manufacturer Techniplas LLC has filed for Chapter 11 bankruptcy, seeking to sell the company after a previous deal with a private equity firm was derailed by the emergence of the COVID-19 pandemic.
Jeffery Yabuki to step down as Fiserv CEO
Fiserv, Inc. chief executive officer and chairman Jeffery Yabuki will step down after leading the Brookfield-based global payments and financial services technology company for 15 years, the company announced today.
Startup Wisconsin survey: Startups struggle to obtain federal COVID-19 relief funds
A Startup Wisconsin survey of 70 high-growth startups in the state found that many companies who applied for federal relief programs did not receive funding.
BizTimes to host webinar on PPP loan forgiveness
BizTimes Media will host a webinar Tuesday on the SBA’s Paycheck Protection Program, focusing on best practices that businesses that have received the loans should take to ensure they are forgiven by the federal government.
Former WEDC leader Mark Hogan named to Ixonia Bank boards
Mark Hogan, who served as the secretary and chief executive officer of the Wisconsin Economic Development Corp. under former Gov. Scott Walker, has been elected to boards of Ixonia Bancshares Inc. and Ixonia Bank.
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U.S. SBA reopens Economic Injury Disaster Loan portal
The U.S. Small Business Administration is now offering Economic Injury Disaster Loans after temporarily closing its application portal due to a lack of funds.
Wisconsin business owners to receive $1.68 billion in PPP loans in second round
Wisconsin business owners have been approved for about $1.68 billion in forgivable loans through the second round of the...
Businesses scramble for financial assistance in attempt to stay afloat during pandemic
It
took just two weeks for the federal government’s $349 billion Paycheck Protection Program funds (part of the CARES Act)...
Educators Credit Union acquires land in Oconomowoc for eventual new branch location
Educators Credit Union has acquired 3.3 acres of commercial land on Prairie Creek Boulevard in Oconomowoc.