Industry News
Industry News
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Bank qualified debt, also known as BQ debt and bank eligible, allows banks to deduct most of the carrying cost of those bonds as a business cost.
June 24 -
The Alternative Reference Rates Committee said the recommendations are part of its mandate to address risks in contracts that refer to Libor as part of the larger shift to the Secured Overnight Financing Rate (SOFR).
April 30 -
Fallback language is expected to be released before year-end by the Alternative Reference Rates Committee convened by the Federal Reserve and ISDA.
April 16 -
The muni market has been slow to embrace SOFR but the existing Libor benchmark is set to cease publication in 2022.
April 10 -
All of Hilliard’s municipal advisors and associates agreed to join Baird, expanding its presence in the public finance sector.
April 2 -
The southern regional banks wouldn't say what will happen with their capital financing divisions when their merger closes.
February 8 -
The merger of Catholic Health Initiatives and Dignity Health creates a Chicago-based nonprofit healthcare system with $10 billion in debt and operations in 21 states.
February 4 -
S&P assigns a stable outlook to healthcare sector this year despite threats while Fitch and Moody's have negative outlooks.
January 11 -
Milwaukee-based Baird said it will expand its public finance footprint into new markets when it closes on the purchase next year.
November 29 -
The NASBO report released Thursday showed some bright spots for state ledgers.
November 15