Sell side

The firm tapped veteran Phong Pham to head the new office in the western part of the state.

A trader said lack of follow-through on long new issues continued to plague the market as the weekly calendar shrank to $5B of issuance.

Hilltop Securities, the Southwest region's top financial advisor, is hiring and restructuring management two years after a difficult merger with Southwest Securities.

They include the return of Sarah Sanders as assistant treasurer for debt management, a position she held from 2007 to 2017.

Municipal bond underwriters suffered from muted issuance under the new tax laws, as Bank of America Merrill Lynch remained on top of the year-end rankings.

Market veteran Horace Carter will co-head Raymond James’ fixed income capital markets division along with Kevin Giddis.

Issuance in Texas during 2018 was down 23% from 2017, reflecting a national slump that followed federal tax law changes that ended advance refundings.

Tim Schaefer will remain California's deputy director of public finance under Fiona Ma.

In the week ended Jan. 10, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, inched up to 4.08% from 4.07% last week.

The public accounting and advisory firm moves into the municipal advisor space by combining with Springsted, Inc. and Umbaugh and Associates.

Alderman Edward M. Burke, who held sway over the city's bond deals for decades, resigned with key pieces of Mayor Rahm Emanuel's agenda still pending.

The new office staffed by veteran banker Greg Vahrenberg will focus on Kansas and Missouri issuers.

Wells Fargo promoted Charles Peck to head of public finance, almost a month after firing Stratford Shields from the post.

Municipal issuance fell by 24% to $338 billion for 2018 as changes in U.S. tax law crushed the market.

How the Bond Buyer covered the disasters and challenges of 2018.

While stocks are suffering still and there is a chance of a government shutdown, municipals strengthen yet again to close out the second to last week of the year.

With stocks and equities continuing their sell-off, munis continue to flex their muscles — even with a budget showdown in Washington taking place.

Hilltop Securities chairman Hill Feinberg will hand over his title as president and chief executive to Piper Jaffray banker Bradley Winges.

Henry Beck, an attorney and former lawmaker tapped as the next Maine treasurer, is focused on maintaining the state’s bond ratings.

The bank won't say what led to Stratford Shields' firing; his representative accused the firm of engineering the ouster.