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Illinois
Wells Fargo cites market repositioning for muni banker departures
The investment bank attributed the exit of 15 from the public finance team to market conditions and a strategic review.
Chicago's Brown plots city deals with an eye on rising rates
Water, wastewater, and securitization deals, and possibly an O'Hare airport sale, are still to come from Chicago this year.
A narrow win for bondholders still sets an ominous precedent in Illinois
Harvey, Illinois, bondholders continue to get the city's home-rule taxes, but lose the city's share of state taxes.
Chicago Fed National Activity Index rises in April
The Chicago Fed National Activity Index rose to 0.34 in April from a revised 0.32 in March, the Federal Reserve Bank of Chicago reported on Monday.
Harvey pins hopes on settlement to resolve pension intercept dispute
The Illinois city's revenue bondholders want any legal settlement to prioritize their claim over those of pension funds.
Easing of credit fears boosts investors' desire for Chicago schools paper
The district priced debt Thursday at narrower spreads than it faced in a November sale.
Time runs short to fund rebuild of Illinois veterans home plagued by Legionnaire's
Illinois Gov. Bruce Rauner submitted a capital appropriation for the project this week.
How underinvestment in public transit hurts economic growth
Public transit agencies have a $90 billion backlog of maintenance, repair and modernization projects.
Ascension's acquisition of Presence brings ratings relief
Two rating agencies put Presence Health's low-investment grade ratings on watch for upgrades.
Chicago Public Schools offer yield for investors willing to digest junk paper
The district is promoting structural protections and fiscal gains as it prepares to go to market with a $260 million refunding.
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