Sell side

A federal judge signed off on sanctions against IFS Securities Inc.'s former head trader for allegedly pocketing phony commissions and unauthorized trades that bankrupted the firm.

A California Public Finance conference panel asked what the municipal bond industry can do better for women and minorities.

Public finance bankers predicted that 2022 could be another strong one for muni bond issuance at the Bond Buyer's California Public Finance conference.

The firm’s distribution capabilities across major and mid-size institutional accounts, professionally managed retail accounts, and high net worth individual accounts is a throwback to founder Archibald Bullock Roosevelt’s vision.

The finance team expects the mixed taxable and tax-exempt deal will attract ESG-minded investors.

Developers are using unrated bonds to finance a golf course-centered resort in fast-growing southern Utah.

Keith A. Wakefield's alleged unauthorized and speculative trading at the former IFS Securities Inc. and his attempts to cover it up drew charges Thursday from the SEC and U.S. Attorney's office.

The city council's budget and finance committee approved the increase and now the matter is headed to the full council.

Dan Hynes, who was a deputy governor in J.B. Pritzker's administration, will work in public finance and corporate investment banking at Jefferies.

Both S&P Global Ratings and Moody's Investors Service lifted their outlooks, citing a rebound from pandemic-driven budget pressures.

The commowealth is flush with cash but still managing the effects of the COVID-19 pandemic.

The 16-year public finance veteran has concentrated much of his career on aviation-related financings.

A speculative-grade deal to build on-campus housing at Santa Rosa Junior College is a first for a conduit issuer operating out of the State Treasurer's Office.

The $1.4 billion seaport revenue refunding bond deal Wells Fargo will price next week will be the largest port transaction since the COVID-19 pandemic began.

A federal judge denied Nuveen's motion to dismiss Preston Hollow's antitrust lawsuit concluding a "plausible" claim exists to proceed. PHC faces a tougher legal road ahead in proving its rival orchestrated a damaging boycott.

Chicago is accepting underwriter qualifications as it updates its investment banking pool; it also delayed the bidding deadline for potential casino developers.

The forthcoming Texas law bans businesses from state contracts if their policies are said to discriminate against the firearms industry.

Kyle Hemminger joined Cain Brothers this month in Columbus, Ohio.

The city has issued a second set of bonds to fund 266 housing units that are the first of some 8,000 planned on adjoining islands in the San Francisco Bay.

The rating agencies affirmed two AA-plus and one triple-A rating ahead of the deal.