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.

The bank won't say what led to Stratford Shields' firing; his representative accused the firm of engineering the ouster.

Patrick McCarthy, Moira Baldwin and Ian Spier join Wells Fargo’s public finance team.

Tom Wynne is leading a new housing financing initiative in the West and Michael Colton is joining the New York team.

Wells Fargo Securities announced the additions of Randy Campbell and Jim Perry to its public finance team, both jumping over from Morgan Stanley.

While the ruling wasn't a total victory for Wells Fargo or banker Peter Cannava, the court's decision grants them three more months of preparation in their fight against the SEC.

The SEC contends it played fairly in prosecuting its case against Wells Fargo Securities and Peter Cannava, denying the defense's allegations of dishonest "legal gamesmanship."

The investment bank attributed the exit of 15 from the public finance team to market conditions and a strategic review.

Seattle is among governments that have lifted sanctions against Wells Fargo following a 2016 fraud scandal.

Chicago-based banker Kevin Hoecker is following his former boss to Wells Fargo.

Chuck Peck spent the previous 12 years at Morgan Stanley, where he most recently ran the Rocky Mountain Region.

Stadium projects in Las Vegas and San Diego are among those making new calculations in light of the likely demise of tax-exempt stadium bonds.

The firm's win on a competitive California GO deal underscores efforts to keep its hand in the new-issue business.

Treasurer John Chiang extended his office's sanctions against the firm for a second year.

Municipal bond volume dropped for a fourth straight month in May, falling 19.8% from a year earlier as new money deals failed to take up the slack from a plunge in refundings.

New York's mayor and comptroller will vote to bar the city from entering into new contracts with Wells Fargo.

UBS Wealth Management Americas is looking to revive its capital markets and public finance businesses, hiring Peter Hill from Wells Fargo and Steven Genyk from Janney, and reassigning Chief Risk Officer Mark Sanborn to head capital markets and sales.

The moves are intended to boost the firm's capital markets abilities in a changing interest rate environment.

Wells Fargo dropped to eighth place among municipal underwriters, hurt by last year's phony accounts scandal. Citi maintained its lead in the ranking.