CastleOak Hires Loop's Matsikoudis to Head Muni Underwriting
John Matsikoudis, former senior underwriter at Loop Capital Markets, has been hired by CastleOak Securities to continue the growth of its municipal sales and trading business.
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Kutak Rock LLP has added veteran public finance attorney Debbie Boye to its Chicago team. more »
Marcus J. Lemon, a public-private partnership attorney, has joined Polsinelli to assist in the growth of the firm’s P3 practice. more »
BMO Capital Markets has hired Garth Salisbury as the managing director of its public finance group's energy and infrastructure banking team. Salisbury will be in BMO's San Francisco office. He jumped to BMO from RBC, where he had been a managing director. more »
Cantor Fitzgerald & Co. has hired Hardy Manges, former executive director of municipal sales and trading at Mitsubishi UFJ Securities, to help further expand its municipal sales and trading business. more »
Senate Finance Committee chairman Ron Wyden, D-Ore. was elected to chair the Joint Committee on Taxation for the remainder of the 113th Congress. more »
Citi has hired Chicago-based public finance banker Samantha Costanzo away from Jefferies to serve as a co-head of the Midwest region. more »
Harrisburg, Pa., Councilwoman Eugenia Smith died April 11 at Harrisburg Hospital, where she was rushed after becoming ill at home. She was 53. No official cause of death was immediately announced. more »
Robert W. Baird & Co. is planning to broaden its footprint in the Pacific Northwest with the recent announcement of its merger with Seattle-based investment firm McAdams Wright Ragen, Inc. more »
William Hayden, former managing director of public finance at JPMorgan, has been hired by PNC Financial Services as the Pittsburgh bank expands its municipal practice. more »
KeyBanc Capital Markets Inc. has hired Mark Fisher to serve as a managing director in its public finance group, overseeing business in Ohio and Michigan. more »
Chicago-based William Blair & Co. is bolstering its sales and trading group in Chicago and California and making a push into the Los Angeles market with a new office staffed with veterans from De La Rosa & Co. led by Christopher Tota. more »
Brown Brothers Harriman & Co. launched a fund designed to avoid risk, protecting investors’ capital by focusing on high-grade intermediate maturities. more »
Former state Sen. Dan Clodfelter was sworn in as the new mayor of Charlotte, N.C., on April 9. more »



A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.

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