Texas

Nuveen, in its defense against Preston Hollow's lawsuit, says its conduct in the fight for bond business was legal whether the other firm likes it or not.

Municipal bond industry veteran Mark McGruder has joined BOK Financial as head of municipal bond underwriting and trading.

Ramirez & Co. makes additions in big markets of Texas and New York.

The federal government's failure to respond to requests for information is partially to blame for the loss of ratings on bonds for four Texas detention centers.

Avoidable inmate deaths in jails allegedly staffed by untrained guards represent a headline and financial risk for counties in Texas.

The state collected $2.6 billion, a 9% increase over the same month of 2018, said State Comptroller Glenn Hegar.

The pinch comes from shrinking enrollment, rising tuition, falling state support and new barriers to international students.

This week's deal will prime the pump for another $2.5 billion in loans Freddie Mac plans to securitize in the next two to three years.

Preston Hollow's accusations against Nuveen of bully tactics underscore the cutthroat competition for market share.

All of the nation's top producing states can look for a smoother ride in 2019, S&P analysts say.

D.A. Davidson will expand its presence in Oklahoma and Texas with the acquisition of Wells Nelson.

Municipal bond buyers will see several big deals head their way this week. Taking the top spot is a $654 million deal from the Regents of the University of California to be priced by UBS while Citi is set to price the Lower Colorado River Authority's $370 million offering.

Victor Quiroga Jr. previously was a vice president at Frost Bank.

The state continues to set records for monthly sales tax collections, despite signs that oil production is facing uncertain demand.

With plans to grow and improve more than 5,400 miles of electrical transmission lines, the Lower Colorado River Authority will issue $369.7 million of revenue bonds.

The firm's new chief executive sees a wealth of assets, a positive employee culture, and great potential for growth.

The region's municipal bond industry insiders saw a silver lining in a 21% increase for new money volume.

City and county governments retain more control when they use public improvement districts, but investors are comfortable with municipal utility districts.

Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.

A $12.5 billion rainy day fund protects Texas from the next recession, said Comptroller Glenn Hegar, who wants to invest the fund into productive assets.