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Fiserv to Pay Departing Exec $2.26M
Posted on April 5th, 2010 No commentsFiserv Inc. will pay departing vice chairman Peter Kight $2.26 million in exchange for a two-year no-compete and non-solicitation agreement, according to the Business Journal of Milwaukee.
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Associated Included in Class-Action Suit
Posted on April 5th, 2010 No commentsA class action lawsuit filed Friday in U.S. District Court questions the way that Green Bay-based Associated Bank calculates and charges overdraft fees when customers use debit cards. Other banks in the lawsuit include bank of America, Citibank, JPMorgan Chase, Union Bank, U.S. Bank, Wachovia and Wells Fargo, the Wisconsin State Journal reported.
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Investors Decide Against $400M Anchor Deal
Posted on April 5th, 2010 No commentsA $400 million investment pegged as Madison-based Anchor BanCorp’s financial salvation fell apart because a team of lenders, led by U.S. Bancorp, refused to go along with terms of the deal, the primary investor said. Read the Wisconsin State Journal article.