Commercial banking

Daily report for August 28, 2025

With a background as an elite gymnast and a passion for understanding the remarkable capabilities of the female body, I bring a holistic approach to workplace wellbeing at Lifesum. A dedicated runner and mother, I thrive on creating environments that empower health and productivity—and when I'm not shaping wellness strategies, you'll likely find me perfecting a recipe or embracing life outdoors.

Joy Dasgupta is CEO of Gyan, which builds explainable, enterprise-grade AI for financial services focused on escalating compliance and governance risks.

He brings an enterprise insider's view of the challenges early technology adopters face from his time with American Express and Hewlett Packard.

While issuance has been on a record pace this year, this week sees a slight slowdown in activity, caused by participants going on vacation, said Jeff Timlin, a partner at Sage Advisory.

Nevada is the latest public entity to be hit by a cyberattack, with officials struggling to restore services.

Missouri auditor Scott Fitzpatrick released an audit report on St. Louis Public Schools, finding the district will run out of funds in fiscal year 2031.

In a 2-1 vote, county commissioners approved an Oct. 8 competitive general obligation bond sale to keep funding a jail project amid escalating costs.

The Southeast Pennsylvania Transportation Authority implemented drastic cuts and warned that more cuts and fare hikes are on the way without state funding.

Big changes made by the House to a high-priority bill targeting cities and counties were rejected by the Senate, sending the measure to a conference committee.

"I have been very fortunate to contribute to a fascinating sector of the financial industry that is full of ambiguous issues and data," said Tom Doe. "I am flattered to be included in the Hall of Fame, it is a wonderful capstone to my career."

Two Midwest nonprofit healthcare organizations that have run into financial difficulty this month illustrate the role of Medicare and Medicaid reimbursements.

Daily report for August 27, 2025

While issuance is up year-over-year, weeks like this can be difficult to find the right deals, said Whitney Fitts, director of municipal portfolio management at Appleton Partners.

The memo, which was sent to members of Congress, recommends a second round of reconciliation that would include the repeal of the municipal bond "tax exclusion."

PREPA bondholders who back the Oversight Board's proposed deal say it will lose their support if not confirmed by Oct. 1.