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New York-based Samuel A. Ramirez & Co. plans to announce Monday that it has hired four bankers and is opening a new office in Austin.
February 11 -
Radian Asset Assurance's acquisition of Municipal and Infrastructure Assurance Corp. may signal its return to the struggling bond insurance industry after a 28-month hiatus. It also appears to mark the end of Macquarie Group's ill-timed attempt to enter the business.
February 3 -
NEW YORK - Mortgage-insurer Radian Group is purchasing Municipal and Infrastructure Assurance Corp., the muni-bond insurer shell company that Macquarie Group has struggled to launch since late 2008.
February 3 -
Standard & Poor’s defended its proposed ratings methodology for bond insurers on Wednesday, a day after the plan was harshly criticized.
February 2 -
New York-based underwriter M.R. Beal & Co. hired two sales veterans to help deal with the growing challenge of selling municipal bonds in the post-Build America Bond era.
February 2 -
The head of the only active U.S. bond insurer on Tuesday objected to the new bond-insurer ratings methodology proposed by Standard & Poor’s, calling it unjustified, irrational, and too subjective.
February 1 -
The head of the only active U.S. bond insurer on Tuesday objected to the new bond-insurer ratings methodology proposed by Standard & Poor’s, calling it unjustified, irrational, and too subjective.
February 1 -
Municipal bond issuance dropped to an 11-year-low in January as borrowers paused to re-acquaint themselves with a market devoid of new Build America Bonds.
January 31 -
Michael Callen, executive chairman of bankrupt bond insurance holding company Ambac Financial Group Inc., announced his resignation Friday afternoon.
January 28 -
Municipal bond issuance plunged 66% to $11.1 billion in January compared to the same month last year.
January 28 -
At some point, everyone in munis reports to someone who doesn’t know anything about munis. Or so the saying goes. But at Roosevelt & Cross, the buck stops at chief executive Dominick Antonelli, who as of Monday can boast 50 years of municipal underwriting experience.
January 27 -
Standard & Poor’s is considering whether Assured Guaranty Ltd.’s credit is really AA-plus. The credit-default swap market made that decision a while ago and its verdict is no.
January 25 -
Ambac Assurance Corp.’s rehabilitation plan was accepted Tuesday by a Wisconsin state court.
January 25 -
State and local governments have been making the right choices recently to balance their budgets, but downgrades could increase in 2011 as a result of slow economic progress, according to Standard & Poor’s.
January 24 -
Kroll Bond Ratings is moving more quickly than originally anticipated to rate municipal bonds because of a growing relationship with startup bond insurer BondFactor Co., a company executive said Friday.
January 21 -
Leo J. Karwejna was named chief compliance officer at PFM Group earlier this week.
January 19 -
Start-up municipal bond guarantor BondFactor Co. announced that Jim Gebhardt joined the ranks of the insurer earlier this month.
January 18 -
A lot changed for the municipal legal industry in 2010.Rankings didn’t.
January 14 -
Shares of MBIA Inc. jumped more than 10% Tuesday after a New York appeals court dismissed a lawsuit that had contested the company’s February 2009 restructuring.
January 11 -
Shares of MBIA Inc. jumped more than 10% Tuesday after a New York appeals court dismissed a lawsuit that had contested the company’s February 2009 restructuring.
January 11
