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After months of speculation, the firm confirmed it would "wind down" its municipal underwriting and market-making activities after a "broad-based review" of its muni business, according to a company memo.
December 14 -
The Arizona Board of Regents adopted a report recommending greater oversight of its three universities after the University of Arizona hit financial trouble.
December 14 -
The municipal bond rally has brought two big Illinois issuers into the market with plans to sell refunding bonds this week.
December 13 -
The top five bond financings have an average dollar volume of more than $1 billion.
December 11 -
Nuveen's marquee fund has seen the worst performance among the largest high-yield funds so far this year.
December 11 -
Friday's S&P upgrade to triple-A follows similar moves by Moody's Investors Service last week and Fitch Ratings last year.
December 8 -
"Higher education is going to be facing continued challenges in the near term," said Tom Kozlik, managing director at Hilltop Securities.
December 8 -
It's the second try for the bill, which Sen. Dick Durbin, D-Ill., first introduced in 2021.
December 8 -
The approval last month by Texas voters of a constitutional amendment to create an endowment fund led S&P Global Ratings to revise the school's outlook to positive from stable.
December 7 -
Republicans have repeatedly criticized the California high-speed rail project as a waste of taxpayer money.
December 6