CommonSpirt would shed some hospitals — mostly smaller critical access ones — under a letter of intent with the Minnesota-based system.

A new path forward for digital banks and their customers.

Bel Air Investment Advisors is Hightower's 14th and largest acquisition in a year, with $8 billion of assets under management including $2.8 billion of municipals.

The deal helped pave the way for the reopening of the capital markets for not-for-profit health systems amid the then-insurgent COVID-19 pandemic.

It is unclear how or if the merger will affect IHS Markit's current work in the municipal space, but the firm had already been expanding its reach on a global scale.

Such moves could reduce costs by up to $180 million in present-value savings, Joe Torsella said.

From finding new efficiencies to redefining the customer experience; fintechs are permanently changing financial services. But what does the actual acquisition process look like?

The proposed combination of the major not-for-profit healthcare players in Illinois, Michigan, and Wisconsin encountered opposition in Michigan.

Bond restructurings are expected to save Virginia's public colleges and universities $300 million by deferring debt service payments for two years.

Analysts warn that borrowing planned in a revised New Jersey budget will result in lasting fiscal distress as it pays back the debt.