Anchor BanCorp Wisconsin News

Drawn out of retirement last summer after an old friend whose bank had fallen on tough times asked for help, Chris Bauer suddenly found himself working harder than ever before.

Published Dec. 10, 2009 at 6:03 p.m. With the stock of Anchor BanCorp Wisconsin Inc.

Anchor BanCorp Wisconsin Inc. today announced that it received a letter on December 4, 2009 from The NASDAQ Stock Market .

Dec. 1, 2009 4:16 p.m. Anchor BanCorp Wisconsin Inc. said Tuesday it has agreed to a plan in which a newly formed company would help recapitalize the struggling banking firm.

Anchor BanCorp Wisconsin Inc. today announced that it has entered into agreements with Badger Anchor Holdings, LLC , pursuant to which Badger Holdings will make up to a $400 million investment in Anchor.

A group led by Chicago investment banker Steven Hovde will invest up to $400 million in Anchor BanCorp Wisconsin and assume 95 percent ownership of the beleaguered Madison, Wis.

Philip Flynn's first priority as the new chief executive officer of Associated Banc-Corp will be to address the company's loan problems, but analysts predict his next move may involve weighing acquisitions to solidify the bank's regional base.

AnchorBank, fsb, a wholly owned subsidiary of Anchor BanCorp Wisconsin, Inc. , today announced that it has entered into a definitive agreement for the sale of 11 AnchorBank branches in Northwestern Wisconsin to Royal Credit Union of Eau Claire, Wis.

Among the shares expected to see active trade in Monday's session are Bristol-Myers Squibb, Cellcom, Citi, FedEx, Iberiabank, Landry's, Mead Johnson, Nabi Biopharmaceuticals, and TTM Technologies.

Today Anchor BanCorp Wisconsin Inc. announced its second quarter results indicating a net loss of $72.0 million, or $3.56 per common share, for the quarter ended September 30, 2009.

The city has settled a lawsuit it filed against Anchor Bancorp last year that contended a defaulted condominium project left the city stuck with a $1 million bill to build a road, sidewalks and other infrastructure for the development.

Published Oct. 20, 2009 at 5:13 p.m. Anchor BanCorp Wisconsin Inc. restated its first-quarter results to show an additional loss of $51.1 million primarily due to reclassifying nonperforming loans and re-evaluating its allowance for loan losses.

Oct. 20, 2009 5:25 p.m. In a restatement of earnings for the quarter ended June 30, the parent company of AnchorBank said Tuesday it lost $62.9 million - $51.1 million more than it initially reported.

We reviewed the Tier 1 Capital Ratios of large U.S. banks back in June. In this post, lets take a look at the Tier 1 Capital Ratios and Non-Performing Assets of some of the banks from the Unofficial Problem Banks list created by Calculated Risk .

The parent company of AnchorBank said Friday it is restating its most recent quarterly results to report a loss of $65 million to $75 million - up to six times worse than initially reported.

Chris Bauer . . . "I can bring in leadership to the organization. I have a vision for the future." Chris Bauer was fishing for grouper and snapper near his home in the tropical paradise of Marco Island, Fla., when his longtime friend Dick Bergstrom broached the topic.

Chris Bauer . . . "I can bring in leadership to the organization. I have a vision for the future." Chris Bauer was fishing for grouper and snapper near his home in the tropical paradise of Marco Island, Fla., when his longtime friend Dick Bergstrom broached the topic.

AnchorBank of Madison has appointed Martha Hayes to the new position of chief risk officer, effective immediately.

Goldman Sachs recently touted the Treasury Department's 23% annualized return on its investments in the bank.

Anchor BanCorp Wisconsin Inc. today announced a net loss of $11.8 million, or $0.56 per share, for the three months ended June 30, 2009.