Capital markets

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

Municipal issuance fell by 24% to $338 billion for 2018 as changes in U.S. tax law crushed the market.

Moody's Investors Service upgraded Johnson City to Baa3.

S&P raised the Indiana capital's ad valorem tax-secured bonds to AA-plus.

How the Bond Buyer covered the disasters and challenges of 2018.

The Public Pension Management and Asset Investment Review Commission says its blueprint could save the commonwealth roughly $10 billion over 30 years.

Moody's raised the Art Institute of Chicago's rating in recognition of declining debt and stronger reserves.

Santa Clara County's decision to purchase two of the bankrupt Verity hospitals was factored into the upgrade.

While stocks are suffering still and there is a chance of a government shutdown, municipals strengthen yet again to close out the second to last week of the year.

With stocks and equities continuing their sell-off, munis continue to flex their muscles — even with a budget showdown in Washington taking place.

Legal and accreditation problems led Fitch Ratings to lower its rating on the Florida HBCU six notches to CCC-plus.

An improved Philadelphia economy drove the city’s long-struggling school district to an investment grade rating from Moody’s Investors Service.

Webster University has struggled to balance operations as it suffers tuition revenue declines.

The bank has long funded wastewater, renewable energy and brownfield remediation projects.

Moody's underscored the sense of uncertainty facing the Metropolitan Transportation Authority by dropping its outlook to negative.

Hilltop Securities chairman Hill Feinberg will hand over his title as president and chief executive to Piper Jaffray banker Bradley Winges.

Some of the Southern California Logistics Airport Authority bonds remain at junk even after the Moody's upgrade.

Henry Beck, an attorney and former lawmaker tapped as the next Maine treasurer, is focused on maintaining the state’s bond ratings.

The downgrade affects $114 million of debt issued for Good Samaritan Hospital, owned by Knox County, Indiana.

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