Commercial banking
- February 4
- February 4
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The Treasury department aims to stand it up within the next 12 months.
February 4 -
From two Colorado lines to more Amtrak service, Southwest states are advancing passenger rail projects, but the Trump administration may slow that roll.
February 4 -
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Plans to sell a bankrupt municipal bond-financed care facility to a private equity firm threaten to upend care for its frail senior residents.
February 3 -
Ekine Akuiyibo is the Chief Operating Officer at Socotra, where he oversees field engineering, product delivery, partnerships, training, and support. Prior to Socotra, Ekine spent 15 years in enterprise software development, sales, and services at Sun Microsystems, BAE Systems, and Oracle.
Most recently, Ekine worked on large scale ML problems at Oracle. He holds a PhD in Electrical Engineering from Stanford.
February 3 -
Minas Kourouglos is Vice President of Mergers and Acquisitions at Trucordia. He has served in that role for five years, having executed nearly 100 transactions ranging from $5M - $100M+ in valuation. Prior to Trucordia, he was the Managing Principal of a commercial insurance agency that sold to Trucordia in 2020. Before the insurance industry Minas spent over 10 years as a management consultant servicing multiple industries. Minas has an MBA from Virginia Commonwealth University and a BS from the University of Richmond.
February 3 -
To close out the day, USTs remained mixed, with yields rising on the short end and falling out long, while munis were changed up to a basis point, depending on the curve.
February 3 -
The San Joaquin Hills Transportation Corridor Agency tapped reserves to make early bond payments saving $203 million. It's parent agency, the Transportation Corridor Agencies, hopes to save $1.79 billion with additional early pay downs by 2030.
February 3 -
Issuers, trade organizations, and investors team up to fight the threat to the tax-exempt status of municipal bonds by laying out its effect on borrowing, the housing market, and infrastructure costs.
February 3 -
Gov. Kathy Hochul's $252 billion state budget proposal calls for lower-bracket income tax cuts and one-time cash payouts for everyone.
February 3 -
The change, which marked a move away from recent norms, was made since President Donald Trump took office on Jan. 20, the people told Reuters.
February 3 -
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Analysts Chris Collins and Melissa Nicandri were among the 64 passengers and crew aboard American Airlines flight 5342.
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