Commercial banking

"The threat of having both inflation and unemployment rising simultaneously continues to create a big headache for the Fed's interest policy," said Wells Fargo Investment Institute global fixed income strategist Luis Alvarado.

Lawsuits claiming the LADWP failed to keep a reservoir filled or maintain water equipment were cited in KBRA's downgrade of its water system's revenue bonds.

The outlook revision to positive from stable comes ahead of the airport's planned refunding and plans to issue bonds to help finance a $2.7 billion capital program.

As Chief AI and Digital Officer at SLK Software, Chandrashekar Surbhat leads the company's digital and AI led transformation strategy, focusing on delivering business outcomes. Chandra is focused on building IP/platforms, strategic partnerships with niche vendors to co-create value for customers and has successfully managed billion-dollar P&L businesses, turned around underperforming units and unlocked efficiencies. His leadership has been instrumental in driving organizational transformations and aligning business strategies with emerging technologies like AI, cloud and digital experience. Chandra holds a Bachelor of Engineering from Bangalore University and Program Management, General Management, and Marketing certification from IIM Bangalore.

Neil Keenan is a partner at the Forensic Risk Alliance based in the firm's Washington, D.C., office and serves as co-lead of FRA's investigations practice. He specializes in the delivery of forensic accounting services, including investigations in a number of areas that include corruption, accounting fraud, asset misappropriation and embezzlement.

Kullmann will head the firm's negotiated underwriting desk. 

Harvard University's ongoing legal battles and the return to market by Chicago's Regional Transportation Authority lead a host of municipal topics in April.

The Illinois Municipal Electric Agency plans to sell $600 million of refunding bonds in July, amid questions about member contracts after the bonds' maturity.

Daily report for May 07, 2025

Following the Federal Reserve's meeting this week, where the Fed is expected to hold rates, Chairman Jerome Powell will try to serve up a "nothingburger," said Cooper Howard, a fixed income strategist at Charles Schwab.

Levy, a member of The Bond Buyer's Rising Stars Class of 2017, assumed the role of chair in late April.

Most of the Maryland Proton Treatment Center's debt hasn't traded hands for years.

Speakers discussing how the U.S. will fare in the world post-Trump trade war and anti-immigration policies were largely optimistic.

The spending plan for the fiscal year that begins July 1 was balanced through an ongoing reorganization of city government, according to Mayor John Whitmire.

The U.S. Department of Transportation rolls out $3.2 billion via 329 infrastructure grants that will fund more than 3,200 projects that the agency contends were tangled up in red tape and DEI requirements.

The law prohibits state and local government contracts worth $100,000 or more with companies that "discriminate" against the firearm industry.

The specter and economic implications of tariffs coupled with still above-target inflation and a healthy labor market will sideline policymakers at this week's meeting, analysts said, but not everyone agrees when the next rate cut will be.