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Archive of: Banking & Finance Biz Report

Title Issue

Approved: Old National’s sale of 10 branches

The sale of 10 Old National Bank branches to Marine Credit Union, announced in April, has been approved by federal regulators, paving the way for Marine CU signs to go up at the end of October, according to media reports.

October 2018

Foxconn, 3 others form innovation venture fund

Foxconn, Advocate Aurora Health, Johnson Controls, and Northwestern Mutual have banded together to create a $100 million venture capital fund to invest in early-stage companies that promote innovation.

August 2018

Veterans, banks lend hand to flood victims

Team Rubicon, a veteran-led disaster response organization, is launching an operation in the Dane County communities of Mazomanie, Cross Plains, and Black Earth, to assist in ongoing flood response and recovery efforts.

August 2018

Sun Prairie retailers sue for tax refunds

Claiming they were over-assessed, three big box retailers — Target Corp., Walmart, and Woodman’s — are seeking a refund on their taxes.

August 2018

Former AnchorBank exec sues for legal fees

Former AnchorBank Vice President David Weimert is suing Old National Bank, which merged with AnchorBank in 2016, charging that he is owed more than $550,000 to cover legal fees and lost wages.

August 2018

Development grants support Monona, Middleton

The Wisconsin Economic Development Corp. (WEDC) has granted two Community Development Investment Grants to the cities of Monona and Middleton.

July 2018

Madison prostate cancer startup gets $900K

Tobias Zutz, founder and CEO of Gregor Diagnostics in Madison, will receive $900,000 from investors to develop an at-home screening test for prostate cancer that would test semen samples for biomarkers rather than blood.

July 2018

Fiserv nabs naming rights to new Bucks arena

The Milwaukee Bucks announced on Thursday, July 26 that Brookfield-based financial services technology developer Fiserv Inc. won the naming rights for the team's new arena in downtown Milwaukee.

July 2018

Sun Prairie blast causes major losses

An explosion the evening of July 10 in downtown Sun Prairie claimed one life, injured several others, and demolished at least two downtown businesses along Main Street.

July 2018

Fewer Wisconsin startups got investment capital last year

The number of Wisconsin early stage companies receiving investment capital in 2017 dropped by 8% compared to 2016, according to “The Wisconsin Portfolio” from the Wisconsin Technology Council.

July 2018
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