Municipal underwriters saw increased business, as demand for muni bonds jumped through the roof. Top muni underwriters accounted for $267.51 billion in 7,310 deals, up from $239.33 billion in 6,406 transactions in the first nine months of 2018.

The legal teams for Baltimore and Philadelphia asked the court to reject the banks’ plausibility argument as well as their claim that the suit is barred by a four-year statute of limitations.

Attorneys for the State Bond Commission said the lawsuit was filed too late and there was no violation of law.

The complaint filed by Philadelphia and Baltimore fails to rise to the level of specificity needed to prove conspiracy, Wall Street banks told a federal judge.

The Louisiana State Bond Commission unlawfully banned two banks from underwriting bond deals because of their corporate gun policies, the lawsuit said.

The top municipal bond underwriters have outperformed their 2018 first halves in both volume and transactions year over year.

Citi is losing another top-tier employee to retirement, as Ward Marsh announced his intention to call it quits after 45 years,

Gedale B. Horowitz, a Wall Street and muni veteran of more than 60 years, has decided to call it a career at the age of 87.

Citigroup, the largest underwriter for collateralized loan obligations, is introducing an electronic platform for orders in the secondary market for CLOs.

Adding $374 million alleged in New York to the three other cases also filed by Johan Rosenberg brings the total damages claimed to $1.58 billion.