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.
-
M&I, Associated: Poised for Turnaround
Posted on May 28th, 2010 No commentsWisconsin’s two largest banks – Associated Bank and M&I Bank – lost a combined $982 million in 2009. The two banks, which employ more than 11,000 people at 660 branches between them, reported loan and lease loss provisions of more than $1.8 billion last year. But the CEOs of both banks believe they will return to profitability by 2011, according to the Small Business Times of Milwaukee.
Leave a reply