Banking

Municipal fund managers are betting on lower credit quality paper and lower coupon bonds as they take advantage of the swell in supply.

About 27% of public and private universities will see a decline in net tuition per student in fiscal year 2020.

Gov. Phil Murphy creates implementation board aimed at advancing a state-owned banking institution.

The turmoil that’s gripped repo markets has turned into a stream of low-risk profits for some banks.

Wells Fargo & Co. has named Charles Scharf to be its new chief executive officer.

Head of Municipal Credit Research, Whitehaven Asset Management

Bank holdings in municipal securities continue to decline, as retail investors and mutual funds increase their holdings.

The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote.

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.