Two former members of CommerzBank 's credit enhancement group have left
Carney worked at CommerzBank for 10 years, most recently as a senior vice
Carney said he decided to move to Fortis because of the difficulties the
CommerzBank has short-term rating of P1. Moody's rates Fortis Aa3/P1.
Carney said the venture at Fortis will allow money market funds greater
Fortis will provide letters of credit and liquidity facilities to states,
The state was one of three where one person was responsible for deciding how to invest pension money.
Issuance takes a bit of a breather due to the Juneteenth holiday and the Federal Open Market Committee meeting, Barclays strategists said.
If passed it would untangle sections of the tax code that limits the use of Low-Income Housing Tax credits by Native American tribal governments.
The California High Speed Rail Authority said state funds and a potential public-private partnership would be able to cover the initial Central Valley segment.
"There's a lot more we can do now that we have a platform," said DPC DATA CEO Ken Hoffman.
The wait for finished audits dropped across municipal sectors from 2022 to 2023, a new report says, but the median time is still higher in the long run.
