Alex Chilton is the firm's new head of municipal securities. Zach Solomon and David Gallin are co-heads of public finance. 

UBS' move this week to cut some banking positions marked a reversal of its five-year growth trend as the bank rebooted its municipal underwriting business.

"The overall tone of the budget is one of prudency, which is correct during this current period where federal pandemic aid is winding down and there are questions about whether we enter into a recession," said Howard Cure of Evercore Wealth Management.

The firm is expected to announce the new muni leadership team next week.

Small businesses that are certified to work for either Chicago or Philadelphia's transit agency will now be able to work for the partner agency as well.

"An increase in social distancing and remote work has resulted in growing vacant office space since late 2020. Office rents have also trended down and remained depressed into 2022," according to the Popular Annual Financial Report.

Key takeaways from the preliminary findings show that most jurisdictions that integrate racial equity in bond issuance focuse primarily on the use of the proceeds. 

Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.

Baby bonds provide a long-term remedy by fostering upward mobility, while current anti-poverty measures do not, according to panelist Scott Winship.

William Glasgall of the Volcker Alliance dives deep into factors affecting state and local budgets. He looks at what the Inflation Reduction Act means, how states are using stimulus money and economic effects of work from home. Caitlin Devitt hosts. (31 minutes)