Midwest

Paul Chatalas, who has both a public finance and public policy background, took over as capital markets director Tuesday.

The city manager says Birmingham has no plan B to fund the project.

Nuveen and AllianceBernstein say Warlander Asset Management may be using the lawsuit to generate an "enormous profit" from credit default swaps.

The deal will end the family owned Baum's 91-year run in the municipal bond business.

St. Louis-based Stifel said it had reached a definitive agreement to acquire certain assets of Baum, including its municipal bond business.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

The district wants to spend $619 million on local school projects, with another $191 million dependent on state funding.

The deal through the Indianapolis Local Public Improvement Bond Bank will refund floating-rate debt issued in 2010 to a fixed rate.

The Civic Federation endorsed the system's 2020 budget but raised concerns over the community college system's long-term fiscal outlook.

Downstate and suburban Illinois public safety pension fund consolidation is the subject of much talk and possible future action