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S&P Public Finance Chief Murphy to Retire
Standard & Poor's public finance chief Steve Murphy will retire effective July 31, Murphy and the rating agency confirmed Tuesday.
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Rhode Island Gov. Lincoln Chafee nominated policy director Steve Hartford for director of administration to replace Richard Licht, who will become a judge. more »
Lead Harrisburg plan attorney Mark Kaufman and his firm, McKenna Long & Aldridge, received an award for its financial restructuring of Pennsylvania's capital. more »
Chicago named one of its financial consultants, Martin J. Luby, as its independent registered municipal advisor to evaluate financing proposals as it seeks to comply with new regulations without stemming creative financing suggestions. more »
Academy Securities, a registered broker-dealer and certified disabled veteran business enterprise, has announced a merger agreement with broker-dealer Carolina Capital Markets. more »
Mitsubishi UFJ Financial Group INC., a Japanese bank and financial services company, aims to become one of the top 10 banks in the U.S. and has identified public finance as a growth area to achieve that goal. more »
California Gov. Jerry Brown appointed Tia Boatman-Patterson, a Democrat, to be executive director of the California Housing Finance Authority. more »
Raymond James is continuing its expansion on the West Coast with the recent addition of an education banker to its public finance group in San Francisco. more »
The managing directors of PFM Group Inc. closed on a capital transaction in which they own all the equity of Philadelphia consulting firm as of June 30. more »
PNC Capital Markets has brought in a pair of public finance professionals to help build up its Ohio business. more »
KNN Public Finance hired public finance veteran Mark Young to lead the firm's new office in Los Angeles and hired Erwin Tam as a vice president in the financial advisory firm's Oakland office. more »
Barbara Liebert, executive director at the California Health Facilities Financing Authority, is leaving her post to join State Controller John Chiang's office. more »
Seleta Reynolds of the San Francisco Department of Transportation was nominated Friday by Los Angeles Mayor Eric Garcetti to be the next general manager of the Los Angeles Department of Transportation. more »
New York City Transportation Commissioner Polly Trottenberg and Neal Zuckerman of the Metro-North Railroad Commuter Council will join the board of New York's MTA. more »

As many state and local governments across the country begin their July 1 fiscal year, a new federal law going into effect is of particular interest to municipal governments that issue bonds.

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