Pennsylvania

The municipal bond industry veteran, formerly of PNC and Janney, will head municipal strategy and credit at Hilltop.

The firm hired Michael Barnes in Philadelphia and Andrew Maher in Pittsburgh.

Siamac Afshar has joined HJ Sims Philadelphia office as vice president of investment banking.

State Treasurer Joe Torsella says bolstering private-sector retirement savings now will reduce pressure on social services spending later.

Moody’s Investors Service downgraded the Albert Einstein Healthcare Network in Pennsylvania to Ba1 from Baa3.

Jim Kenney says his plan will boost the city’s pension and reserve levels while avoiding any tax increases.

The governor announced a $4.5 billion, four-year infrastructure resilience initiative, for which he needs lawmakers to approve a natural gas drilling tax.

Moody's Investors Service lowered the Philadelphia-based university to Baa1.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.

The city says firms conspired to artificially raise rates resulting in unjust enrichment.

As Philadelphia Mayor Jim Kenney gears up for his next budget proposal, city officials are focused on keeping healthy fund balance levels.

Even as he ties his latest tax proposal on natural gas drilling to infrastructure improvements, Democrat Tom Wolf must overcome resistance from GOP lawmakers.

Pennsylvania Gov. Tom Wolf proposed a $34.1 billion budget while calling again for a tax on natural gas drillers, with a new twist.

The Philadelphia region's services sector reading fell in January, Federal Reserve Bank of Philadelphia said on Tuesday.

After bureau agents raided the City Hall office and home of Mayor Bill Courtright, council members in the northeast Pennsylvania city want answers.

A city task force has restored nearly $40 million in unreconciled cash accounts that was driven largely by duplicate debt service entries.

Proceeds from the bulk of the bond sales will be used to reimburse the hospital for various capital projects.

The Public Pension Management and Asset Investment Review Commission says its blueprint could save the commonwealth roughly $10 billion over 30 years.

An improved Philadelphia economy drove the city’s long-struggling school district to an investment grade rating from Moody’s Investors Service.