Commercial banking

Munis saw cuts, albeit small ones, for the first time in nearly two weeks as yields rose up to four basis points, depending on the scale.

The East Baton Rouge Sewerage Commission plans to achieve savings by refunding taxable bonds with tax-exempts.

Pradip Patiath is a senior partner in McKinsey & Company's Miami office.

Bondholders are pitted against each other in the case, where it looks like the majority holders may become owners of the distressed companies.

Dan Himmerich is an Insurance Consulting Partner at Kyndryl, where he leverages expertise in P&L management, lead qualification, and financial literacy to bridge the gap between business and technology for insurance clients. Previously, he served as Strategic Markets Business Development Leader at Kyndryl, leading initiatives across more than 30 countries, and today he focuses on advancing the success of the firm's U.S. insurance customers.

Backers of a voter-approved public safety funding proposition that led to a negative rating outlook by Moody's said the budget fails to comply with the measure.

Michelle Westfort, Chief Product Officer at InStride, is a globally recognized leader in post secondary education with over 20 years of experience. An integral member of InStride since its inception in 2019, she brings a bold sense of innovation to drive successful programs and partnerships derived from a humble immigrant family upbringing. Her career has centered around unlocking access to education from high school launch programs to adult career pathways and from digital transformations to workforce skilling. Her work has spanned marketing, business development, program design, and strategy at mission-centric organizations such as The Learning House (acquired by Wiley NYSE: WLY), Pivot, Navias (ASX:NVT) and Education Management Corporation.

Capital Group joins a small, but growing number of shops that have added, or considered adding, muni ETFs to their model portfolios.

Kathy Pattillo is a managing partner at executive search and leadership consulting firm Boyden, where she also serves as global practice leader of its financial officers practice. She has over 20 years of experience in executing searches for and consulting with finance-focused C-suite leaders, including CFOs, CAOs, CIOs and functional leaders in finance.

The SEC-approved amendments will become effective in two stages, the MSRB said.

Unless the state government makes changes to revenue or expenditures Florida faces a combined deficit of $8.1 billion in fiscal years 2027-28 and 2028-29.

Chicago Mayor Brandon Johnson's Financial Future Task Force released an interim report this week on Chicago's structurally imbalanced budget.

Daily report for September 18, 2025

Nicky Brown is vice president of public policy and government affairs at HealthEquity. Her 20+ year career has focused predominantly on the benefits space in implementation, compliance, and advocacy.

The rating agency cited New Jersey's "robust budgetary surplus" while continuing to make actuarially based pension contributions.