Texas

The evolution of the lawsuit has opened wide the window into high-yield stakes in the municipal industry and laid bare the relationships between broker-dealers and Nuveen.

The unnamed governmental entity is seeking recordings that are the subject of recently unsealed transcripts in Preston Hollow Capital’s defamation and antitrust lawsuit against Nuveen. Meanwhile, additional transcripts between Nuveen and Morgan Stanley/Goldman Sachs are now public.

Former Hilltop Securities bankers Chris Allen and Gabriella Briceno have joined RBC Capital Markets in Houston where they will seek to grow RBC's financial advisory business.

Facing its third hurricane season since Harvey devastated the coastal region, Texas is investing billions of dollars to protect vulnerable cities and counties from flooding.

The recorded conversations document Nuveen's efforts to choke off Preston Hollow's access to capital and block what it considered predatory lending practices.

The North Texas Tollway Authority continues its aggressive refunding with $679 million of revenue bonds this month, bringing the total over the past six years to nearly $7 billion.

Submissions are now open for the Bond Buyer’s fourth class of Rising Stars, an honor which showcases the brightest young minds in the municipal bond industry.

A surging population and a healthy economy kept local governments riding high in sales tax revenue for the first half of the year.

Texas school districts sort through the implications of a new legislative formula to increase per-pupil funding.

A tighter cap on local property tax rates for some cities and counties will factor negatively into future bond ratings, analysts warn.

The court put off a formal ruling for 10 days but made clear it expects to lift the confidentiality seal on bank transcripts with only limited redactions.

Texas surpassed $3 billion in sales tax revenue, the highest total for any month on record.

While Texas Republican leaders have expressed muted opposition to President Trump's plan to impose tariffs on Mexico, state Comptroller Glenn Hegar warned of threats to the state's economy.

Bills to limit the revenue flexibility of local governments and put more state funding toward schools were driven by a desire to limit property taxes.

Siebert Cisneros Shank & Co. hired industry veterans Levi Davis and Ron Morrison as managing directors in its Dallas office.

Owners of two firms will join Hilltop Securites as managing directors, the firm said.

The tapes, according to Preston Hollow, demonstrate the success of Nuveen's strong-arm tactics to protect its high-yield market share.

Dallas-Fort Worth International Airport plans to add a sixth terminal that could cost up to $3.5 billion as it approaches its 45th anniversary.

Texas lawmakers are taking unprecedented steps to limit local control of government, advocates for cities and counties say.

Austin Energy expects to reduce the cost of power from an East Texas biomass plant by buying the Nacogdoches facility.