Illinois

Shields, fired by Wells Fargo in December, joined Loop Capital Markets LLC as a managing director this week.

The courts will decide whether the city must make up shortfalls in tax levy collections to cover the pension contributions.

Palos Health signed a letter of intent to explore joining Loyola Health, which is owned by nonprofit healthcare giant Trinity Health.

Mayor Rahm Emanuel's administration is interested in a similar structure for a pension obligation bond.

J.B. Pritzker's challenges as Illinois governor include low bond ratings, structural deficits and underfunded pensions.

Three lawsuits claiming fraud in the variable-rate demand obligation market are headed toward key court rulings in coming weeks.

Illinois and Chicago will be this week's headliners as the state comes under new leadership while the city sells the biggest municipal bond deal of the week — a $551 million offering from the Sales Tax Securitization Corp.

The $551 million issue wraps up a nearly $3 billion program; $7.7 billion of proposed pension obligation bonds rely on similar structure

The public accounting and advisory firm moves into the municipal advisor space by combining with Springsted, Inc. and Umbaugh and Associates.

The General Assembly canceled the terms of Illinois State Toll Highway Authority board members, allowing Gov.-elect J.B. Pritzker to make his own picks.

Alderman Edward M. Burke, who held sway over the city's bond deals for decades, resigned with key pieces of Mayor Rahm Emanuel's agenda still pending.

Cities across the state are looking for pension relief as J.B. Pritzker prepares to take the reins as governor.

How the Bond Buyer covered the disasters and challenges of 2018.

Illinois Gov.-elect J.B. Pritkzer is tapping experienced fiscal hands for top positions in his administration.

Moody's raised the Art Institute of Chicago's rating in recognition of declining debt and stronger reserves.

The RTA, which oversees three big Chicago-area transit agencies, is among the organizations that wants the state government to pass a long-awaited capital bill.

Michael J. Mitchell, a 40-year veteran of public finance law, is remembered as a mentor.

Mayor Rahm Emanuel says his pension package offers a path to further stabilize city employees' pensions without burdening taxpayers.

Chicago would issue up to $10 billion of POBs under a proposal the mayor left to city council to decide.

Rahm Emanuel will back a constitutional amendment to rein in pension benefits while city pension obligation bonds remain in play on a longer timeline.