One of the ideas that has emerged during the legal fight over Wachovia Corp. is one that would divide the company between its would-be suitors, Citigroup Inc. and Wells Fargo & Co.
There has been some "capitulation" in munis lately. The asset class was outperforming USTs until very recently, said Chris Brigati, managing director and CIO at SWBC.
Craig Kornett embraces his new work environment as he starts to settle into his position at TD Securities.
After the latest cyberattack struck a K-12 school system, rating agencies and muni market participants warned of an evolving risk to school district issuers.
Pooling local projects and slicing up risk could open the door to more private capital, a researcher said.
Transit authorities around the country are bracing for upticks in ridership and revenue thanks to the World Cup as negotiations over surface transportation authorization linger in the background.
Many factors impact the performance of munis, and, this year, everything seems to be working for the positive.
