Banking

It hasn't stimulated loan demand in ways banks hoped it might, and some CEOs fear future rate cuts might cause companies to hunker down.

The firm hired Damian Maggos in Indianapolis and Matthew Ruess in Crown Point.

As a result of the March 23 appellate court ruling, Fitch announced on April 11 it has put seven bond issuances on negative ratings watch.

Bank of America’s customers spent $1.9 trillion this year through Aug. 12, an increase of 5.9% from a year earlier — a sign that the economy, driven by the consumer, remains strong, Brian Moynihan said.

The deal will end the family owned Baum's 91-year run in the municipal bond business.

St. Louis-based Stifel said it had reached a definitive agreement to acquire certain assets of Baum, including its municipal bond business.

Brown left city government at the end of Rahm Emanuel's administration.

Rep. Terri Sewell, an Alabama Democrat, on Wednesday delayed filing the bill in conjunction with a Public Finance Network event with congressional staff that highlighted the benefits of these bank private placements as well as advance refunding.

States struggle to reap the full benefits of the multibillion-dollar legal marijuana industry becuase of conflicts with federal law.

The rule will take effect 30 days after publication in the Federal Register, which usually takes about three business days.

Representatives of minority- and women-owned small banks from around the country met to discuss how to expand business opportunities.

MWBE University is a program developed by NYC Comptroller Scott Stringer to aid businesses owned and operated by women and people of color.

Joseph Rosenblum said he wore many hats, sometimes acting as financial analyst, political scientist, attorney, or investigator.

NABL suggested expanding private activity bonds to a new category for public roads, tunnels, and bridges.

Bond lawyers pushed for information from the SEC's top muni official Thursday.

Revenue from taxes on legal marijuana has not reached the point of being able to support bonds, industry observers say.

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

RBC Capital Markets hired Paul Sheldon, founder of the advisory firm S L Capital Strategies, as a managing director in the municipal finance student loan group.

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

Wells Fargo will replace Stratford Shields, who is out following an administrative leave.