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Nixon Peabody Cements Chicago Footing With New Union
Boston-based Nixon Peabody LLP and Chicago-based Ungaretti & Harris LLP will merge on Feb. 1, a pairing that lands Nixon a seasoned public team in Chicago while broadening Ungaretti's reach nationally.
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Two veteran Ohio municipal bond traders who started in the business in the 1960s are retiring from Stifel, Nicolaus & Co., which will close its Ohio trading desk with the departures of Bob Perrier and Linda Erlandson. more »
Attorney Lisa Grasso Egan will serve as Connecticut's undersecretary for labor relations, state budget director Benjamin Barnes announced Jan. 30. more »
Baird has added eight bankers to its Houston public finance team from RBC Capital Markets, Milwaukee-based Baird said. more »
Massachusetts Treasurer Deborah Goldberg, who took office Jan. 21, named five deputy treasurers. more »
The PFM Group of companies has promoted senior professionals Kari L. Blanchett, Matthew Eisel and Laura Franke to managing director roles. more »
Illinois Gov. Bruce Rauner has imported three outsiders all with government experience to lead a "turnaround team" that includes the new position of chief financial officer to be filled by consultant Donna Arduin. He also named former Hawaii Gov. Linda Lingle and former Georgia COO Trey Childress to his team. more »
In the shadow of the biggest Wall Street empires, Hennion & Walsh has managed to thrive for a quarter of a century. more »
Chicago-based William Blair & Co. hired veteran underwriting manager John Feery to lead its negotiated underwriting group, finalizing leadership team changes as the firm pursues its national expansion path. more »
PFM Asset Management Group (PFMAM) has added a new managing consultant to help expand the firm's multi-asset class management business on the east coast. more »
Former Norton Rose Fulbright partner Marcus W. Deitz has joined the public finance practice at McGuire Woods in Houston. more »
Ten Texas financial advisors with Southwest Securities jumped to Samco Capital Markets after SWS was acquired by Hilltop Holdings Inc., the parent firm of First Southwest Co. more »
Former Orange County Supervisor John Moorlach officially announced his decision to run in a special election for the 37th State Senate District. more »
Syncora Investment Holdings, a wholly owned subsidiary of Syncora Guarantee, Inc., has purchased a majority stake in the independent derivatives advisory firm, Swap Financial Group. more »

The Commonwealth of Puerto Rico has a long history of fiscal uncertainty and structural deficits. Responding to decades of general fund deficits in 2014, the rating services lowered the ratings on the Commonwealth’s general obligation credit to below investment grade, or junk status.

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