Midwest

Chicago-based general government banker Eric Rockhold started Monday with Bank of America Merrill Lynch as a co-head of the central region, industry sources said.

Chicago-based David A. Noyes & Company is expanding into the primary underwriting market with the hire of Indiana muni veteran Tom Enright.

Michigan Gov. Rick Snyder signed legislation designed to ease Detroit's first post-bankruptcy appearance in the debt market.

The Minnesota Senate passed legislation banning state taxpayer aid for a proposed $120 million open-air Major League soccer stadium in Minneapolis.

The Art Institute of Chicago said it’s received the largest gift ever in a 42 piece collection valued in published reports at $400 million.

A proposal to relieve Detroit Public Schools of a big chunk of its bond debt could increase education costs statewide, a public policy group warns.

Cook County, Ill. budget director Andrea Gibson is leaving the top county job after four years on the job, board President Toni Preckwinkle announced April 21.

Drawn by attractive interest rates, investors Tuesday bought up $300 million of bonds sold by the Chicago Board of Education, which has been dogged questions about its solvency.

Illinois Gov. Bruce Rauner's promotion of Chapter 9 as an option for some local governments may hinder efforts to help resolve fiscal struggles in a way that protects bondholders, Fitch Ratings warned.

Mercy Health, Ohio’s largest health care provider, prices $400 million of bonds this week, joining a handful of higher-rated hospitals that have started to return to the capital market after years of delaying deals.