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Tri City Income Down 16% in 3rd Quarter
Posted on October 30th, 2009 No commentsTri City Bankshares Corp., which one week ago acquired Bank of Elmwood in Racine via a regulator-ordered receivership, saw its net income decrease by 16.7 percent in the third quarter. Read more in the Milwaukee Business Journal.
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Exec at Park Bank Milwaukee to Retire
Posted on October 30th, 2009 No commentsAndrew “Andy” Sawyer Jr., who logged 44 years in the Milwaukee financial industry, will retire at year-end from Park Bank, Milwaukee. Sawyer, 66, led the commercial lending unit at Park Bank during his 24 years with the bank and is its executive vice president. Read more in the Milwaukee Business Journal.
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Banker Survey: M&A Outlook Improving
Posted on October 30th, 2009 No commentsConfidence in the U.S. mergers and acquisitions market is starting to rise, according to the fifth annual outlook survey by the law firm Dykema. The survey of 105 bankers, executives and advisors found that 28 percent predict a strong M&A market next year, down from 16 percent in 2008. Read more in the Business Journal.