Public finance

UBS Wealth Management announced its newest addition to its growing public finance business, as Angela Schmidt will come aboard after 19 years at JP Morgan.

Municipal bond traders are waiting for the last of the large deals to price on Thursday as the second busiest week of the year heads to a close.

Joseph Lhota will return to New York’s Metropolitan Transportation Authority as its board chairman.

Pricing wires for negotiated bond offerings

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

Seven people, including two former Puerto Rico government officials, were indicted Wednesday in two related corruption cases affecting more than $10 million.

A budget feud between Minnesota Gov. Mark Dayton and the legislature's GOP majority doesn't pose an imminent threat to the state's high-grade ratings, said Fitch Ratings and Moody's Investors Service.

The long-awaited American Dream bond deal for the megamall project in the New Jersey Meadowlands came to market on Wednesday. Municipas finished unchanged, according to traders.

Unhappy with West Virginia's budget, Gov. Jim Justice said he will allow it to become law without signing it.

A group of Puerto Rico bondholders accused the Oversight Board and governor of minimizing the commonwealth's health in a proposed budget that is too generous to non-debt holders.

San Bernardino is working to put bankruptcy in the rear-view mirror as it executes the plan of adjustment.

The Prarie State faces the possible loss of at least one of its investment grade ratings if it doesn't resolve its budget crisis.

Ronnie Hakim cites the need for crisis-management improvement

The long-awaited bond deal for the American Dream mall project in New Jersey came to market on Wednesday and the New York City Transitional Finance Authority’s offering was priced for institutional investors. In secondary activity, municipal bonds were unchanged at mid-session.

A sales tax plan to pump money into public safety and street repairs is headed to voters.

Financial advisers for the city of Pine Bluff, Ark., on Monday re-sold bonds originally issued in 2011 in a move expected to save nearly $1 million over the life of the city's bond payments.

Even with a new legal challenge pending, Jefferson County plans to price refunding warrants in July.

When Placer County, Calif., tried to raise sales taxes last fall for freeway expansions in the booming suburbs of Roseville and Rocklin, voters in the more rural parts of the county defeated the measure.

Municipal bond traders are girding for more volume on Wednesday, with the institutional pricing of the New York City Transitional Finance Authority deal leading the pack.