California

Cervantes, who joined the board as a member earlier this year, retired from Stifel in October 2020.

Raul Amezcua, who once led Stifel's California and Arizona banking teams, hired several key bankers at Ramirez & Co. since joining the firm early last year.

The state is heavily dependent on personal income taxes, which have dropped the most.

Kosmont firm has rebranded and brought on two L.A.-area heavy hitters in public finance.

New-money volume was off in the Golden State and across the Far West, but refunding volume was down even more.

Fitch is bulking up its public finance group with the addition of six municipal bond analysts for its offices in San Francisco, New York and Austin.

The finance team on the Western Placer Waste Management Authority deal hopes to benefit from an improving market with increased inflows.

S&P revised the state's outlook to positive in September, which gives it a one-in-three chance of a ratings boost over the two-year outlook period.

Expected voter turnout for the midterm election will likely compel other cities to join Ontario, California, in placing tax and bond measures on November's ballot.

The agency overseeing what has been called the country's most expensive infrastructure project hopes to secure $8 billion in federal dollars and $4.2 billion of state borrowing for the first leg of the bullet train.