Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Amcore Reports Smaller Q4 Loss
Posted on February 2nd, 2010 No commentsAmcore Financial Inc., a Rockford, Ill.-based bank holding company that sold four of its Wisconsin branches in 2009 to help shore up its capital position, reported a smaller net loss for the fourth quarter of 2009, the Business Journal of Milwaukee reported.
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Bankers Show Strong Interest in Acquisitions
Posted on February 2nd, 2010 No commentsMore than 62 percent of bank executives are interested in acquiring a failed bank, and 42 percent are interested in bidding on failed bank assets or deposits, Grant Thornton reported from its 17th Bank Executive Survey. Read more in the Business Journal.
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Fiserv Nearly Doubles Net Income
Posted on February 2nd, 2010 No commentsFinancial services technology firm Fiserv Inc. said its fourth-quarter revenue increased 2.1 percent and its net income nearly doubled, the Business Journal of Milwaukee reported.