Banking & Finance
International Monetary Systems enacts stock split
New Berlin-based International Monetary Systems Ltd., a business-to-business bartering services firm, recently announced a plan to enact a one-for-six...
M&I adding 135 jobs in Brookfield
Milwaukee-based Marshall & Ilsley Corp. announced that it is "consolidating the back room operations" of its Appleton and Brookfield...
U.S. Bancorp repurchases TARP warrants from Treasury
Minneapolis-based U.S. Bancorp announced it has completed the repurchase of a warrant held by the U.S. Treasury Department. The 10-year...
MGIC to restructure as losses steepen
As its financial losses continue to compound, Milwaukee-based MGIC Investment Corp. today announced a restructuring plan that will downstream...
Snap-on terminates joint venture
Snap-on Inc., a Kenosha-based innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users,...
Mergers and Acquisitions
Milwaukee software reseller acquires Cleveland company Security MicroImaging Corp. of Milwaukee has acquired Imaging Solutions Group Inc., a Cleveland,...
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Other Wisconsin banking news
M&I lost $139.3 million in second quarter Marshall & Ilsley Corp. reported a second quarter net loss of $139.3...
Average business sale price falls 16.5 percent in second quarter
According to the latest data released by BizBuySell.com, an online business-for-sale marketplace, the median business asking price in Milwaukee...
Northwestern Mutual survey shows teens willing to save, work more in down economy
A new poll by Northwestern Mutual Foundation's financial literacy Web site, www.themint.org, shows that teens are willing to work...
Back to the basics: Investment advisor warns of slow recovery
The U.S. economy is in for a long and slow recovery, according to Chris Nolte, vice president of Marcus Investments.