Midwest

Veteran-owned Academy Securities has hired Chicago-based public finance banker James Carter

Warnings about the weak health and liquidity risks of Chicago’ pension system litter the funds’ 2018 financial reports.

Illinois is building a foundation to chip away at the state’s massive fiscal challenges, according to Deputy Governor Dan Hynes.

The new budget draws down fund balances for new spending and tax relief but improving reserves and fully funded pensions cushion the state's ratings.

Chicago Mayor Lori Lightfoot, her finance team, and sister agencies will provide in-person fiscal updates at the city's annual investors' conference.

The university wants to upgrade its dormitories.

The case's primary claim of anti-trust violations is potentially headed to trial later this month.

Eric Holcomb said paying cash for projects would save the state $100 million in interest costs.

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.