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Wilmington Trust Adds Three to Global Capital Markets Group
Wilmington Trust, an institutional client services and wealth advisory firm, has expanded its corporate trust business in its Boston office with the addition of three industry veterans from BNY Mellon.
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Former Congressman Mel Levine reappointed to board that sets policy for the Los Angeles Department of Water and Power. more »
Loyola University Chicago has hired Robert A. Munson to serve as chief financial officer, filling a position being vacated by the retirement of Bill Laird after 11 years. more »
Ziegler Wealth Management, an investment bank and brokerage that specializes in general and structured municipal finance, continued to expand its public finance team with the addition of Rolando Q. Leavell as a financial advisor with expertise in church securities. more »
Susan Collet, who until recently worked at the Bond Dealers of America, is launching her own government-relations advisory firm focused on municipal securities, tax policy and not-for-profit electric utilities. more »
The Internal Revenue Service's tax-exempt bond office has had several key personnel changes in recent weeks. more »
Matthias Edrich, vice chair of the National Association of Bond Lawyers' tax committee, has joined Greenberg Traurig’s public finance tax practice as a shareholder. more »
Kym Arnone, managing director at Barclays Capital, will become the Municipal Securities Rulemaking Board's new chair beginning Oct. 1. more »
New York City Transit veteran Frank Jezycki will become vice president and chief officer for the Staten Island Railway, MTA officials announced. more »
The Port Authority of New York and New Jersey board of commissioners has elected John Degnan as its new chairman. more »
Sonia Toledo of Wells Fargo Securities was elected president of the Municipal Forum of New York, heading an all-female slate of officers. more »
Stern Brothers & Co., which advised on a recent $500 million MTA bond sale, hired former New York City Councilman David Weprin and added Neal Oldendorp in New Jerey. more »
The Municipal Securities Rulemaking Board announced Monday that it has hired David H. Saltiel as chief economist and is also recruiting someone else to lead to a market structure department that it is creating. more »
Rhode Island Gov. Lincoln Chafee nominated policy director Steve Hartford for director of administration to replace Richard Licht, who will become a judge. more »

Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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