Municipal underwriters jockey for position as business increased 21.9% from the first quarter of last year.

With the Federal Reserve finished raising interest rates, some yield curve inversions would signal a coming recession, according to Brian Rehling of Wells Fargo Investment Institute.

Even before Tim Sloan stepped down as chief executive of the scandal-stung Wells Fargo, the bank had already gotten back into the good graces of the biggest U.S. state.

Cannava argues that emails, witness statements, and other evidence cast doubt on the SEC's claims that he acted recklessly.

The lawsuit filed in federal court is now the second national suit alleging fraud in the variable-rate debt market.

Banker Peter Cannava may be left to battle on alone, after the Securities and Exchange Commission and Wells Fargo told a federal court they have an agreement.

Shields, fired by Wells Fargo in December, joined Loop Capital Markets LLC as a managing director this week.

Municipal bond underwriters suffered from muted issuance under the new tax laws, as Bank of America Merrill Lynch remained on top of the year-end rankings.

Three lawsuits claiming fraud in the variable-rate demand obligation market are headed toward key court rulings in coming weeks.

Wells Fargo promoted Charles Peck to head of public finance, almost a month after firing Stratford Shields from the post.