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Fiserv’s Milwaukee HQ plans advance

Payments Dive

Milwaukee's city council unanimously approved creating a tax increment financing district to provide a grant for the company's new downtown headquarters.

Milwaukee 195
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Fiserv sheds Korea unit, plans move to Milwaukee

Payments Dive

After selling off three business units and taking other actions to “tighten spending” in the third quarter, Fiserv CFO Bob Hau expects cost improvement for the fourth quarter.

Milwaukee 221
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Fiserv’s new HQ approved for state tax credits

Payments Dive

The company is set to receive up to $7 million from the Wisconsin Economic Development Corporation for its new Milwaukee headquarters.

Milwaukee 221
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Northwestern Mutual commits $150m to startup investments

Bank Innovation

This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017. Northwestern Mutual has launched a second venture fund to support startups working in financial services.

Milwaukee 170
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BofA eyes seven new markets, including New Orleans and Milwaukee

American Banker

Bank of America is also planning to expand into Madison, Wisconsin; Boise, Idaho; and Birmingham, Alabama, a company executive said. The goal is to find growth opportunities that don't require operating a large number of branches, the executive indicated.

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Uber Connect Expands For Holiday Package Delivery

PYMNTS

locations recently added for Uber Connect include Atlanta, Boston, Charlotte, Charleston, Cincinnati, Cleveland, Columbus, Connecticut, Detroit, Fort Myers-Naples, Hampton Roads, Honolulu, Indianapolis, Jacksonville, Kansas City, Las Vegas, Milwaukee, Minneapolis-St. Louis, Tucson and Upstate New York.

Las Vegas 242
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Proxy Showdown Averted at Bank Mutual in Milwaukee

American Banker

Bank Mutual in Milwaukee has agreed to support an activist investor's nominee to its board.