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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Bank Mutual Names New Senior Exec
Posted on January 10th, 2011 No commentsGregory Larson has been named to the newly created position of senior vice president and director of commercial banking at Bank Mutual, based in the Milwaukee area. Larson is responsible for all aspects of middle market banking, business banking, treasury management, international banking, and merchant services, according to a press release on WisBusiness.com. -
Banker Survey Finds Some Optimism
Posted on January 7th, 2011 No commentsSeventy-six percent of the 106 executives who completed the Wisconsin Bankers Association semiannual Bank CEO Economic Conditions Survey said the state’s economy has “hit bottom” and is improving. That is up from 56 percent six months ago and a reversal from a year ago when 70 percent said the Wisconsin economy was “still weakening,” The Business Journal reported. -
BMO Financial Names Transition Executive
Posted on January 5th, 2011 No commentsBMO Financial Group has named Russ Robertson to oversee the integration of Marshall & Ilsley Corp. into the company. He has been appointed executive vice president for business integration and vice chairman of BMO Financial’s Harris Financial Corp. BMO operates Chicago-based Harris Bank. Read the Milwaukee Journal Sentinel article. -
Fiserv Hires New EVP, COO
Posted on January 3rd, 2011 No commentsFiserv Inc. has hired Mark Ernst, a former CEO with H&R Block Inc. and private equity firm Bellevue Capital, to the new position of executive vice president and chief operating officer, The Business Journal reported. -
Falbo Leaves Southport Bank Role
Posted on January 3rd, 2011 No commentsMichael Falbo has resigned after serving in a six-month contracted role as president and CEO of Southport Bank in Kenosha. The bank’s board will announce both the new president and CEO and a chief credit officer “as soon as the regulatory approval process is completed,” according to an article in The Business Journal. -
Anchor CEO ‘Committed’ to Role
Posted on January 2nd, 2011 No commentsChris Bauer’s two-year contract as CEO at AnchorBank expires in June. Brought in from retirement to solve Anchor’s ills, Bauer said there’s been no discussion yet about his pact. “I’m obviously committed to having AnchorBank survive. If that takes longer than six months, then so be it. I’ll be here,” he said in the Wisconsin State Journal. -
Wausau Banker Reflects on Career
Posted on January 2nd, 2011 No commentsJohn Proulx, vice president at Peoples State Bank in Wausau, is starting to think about life after retirement – but not for a couple more years. Read the Wausau Daily Herald article. -
M&I Execs May Be Eligible for Payments
Posted on December 31st, 2010 No commentsMarshall & Ilsley Corp. executives may receive “golden parachute” payments in the millions of dollars — payments that are prohibited as long as M&I owes money in the Troubled Asset Relief Program (TARP) — when M&I is sold to BMO Financial Group, the Business Journal of Milwaukee reported. -
Bildsten Named DFI Secretary
Posted on December 30th, 2010 No commentsGov.-elect Scott Walker selected Peter Bildsten, a 30-year veteran of the Wisconsin financial services industry, as the next secretary of the state Department of Financial Institutions. Bildsten has held leadership roles at First National Bank and Trust Co. of Baraboo, Summit Credit Union, North Shore Bank, Bank Mutual and Maritime Savings Bank. Read more in the Portage Daily Register. -
Blog: M&I Execs ‘Defensive’
Posted on December 23rd, 2010 No comments“A brutal two-plus years for Marshall & Ilsley Corp. and its shareholders likely ended with the Dec. 17 news of the bank being sold, but many shareholders remain bitter and top executives remain defensive,” writes Rich Kirchen in The Business Journal’s BizTalk blog.