Byline: Richard Williamson DALLAS -- The Texas Water Development Board's $1.2 billion revenue bond sale in September will save local utilities about $198 million on the cost of projects designed to increase or conserve water supplies, officials said. By using its triple-A credit rating to raise ... (Publication: The Bond Buyer)
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TWDB Says Its Bond Deal Saved $198 Million for Local Projects
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BTIG Names Head of US Execution Services
Global Banking News-October 3, 2017--BTIG names head of US execution services (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 Financial services firm, BTIG LLC, has said that it has hired a head for its US execution services, according to Reuters. The firm ... (Publication: Global Banking News (GBN))
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Gartner Says Finance Is Moving to the Cloud Much Faster Than Expected
A major shift is taking place in how enterprises select their financial management applications, with a migration to cloud applications happening faster than expected, according to Gartner, Inc. A recent Gartner survey of senior finance executives found that by 2020, 36 per cent of enterprises will ... (Publication: CPI Financial)
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Saudi Arabia's Private Sector Growth Remains Strong
September data signalled strong growth in Saudi Arabia's non-oil private sector, according to Emirates NBD Saudi Arabia Purchasing Managers' Index (PMI). Sharp expansions in output and new orders were key contributors towards the most recent improvement in operating conditions. At the same time, ... (Publication: CPI Financial)
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Milwaukee Launches New Investor Portal Ahead of School Note Sale
Byline: Yvette Shields CHICAGO -- Milwaukee takes competitive bids Tuesday on $180 million of school cash flow notes, its first deal after establishing a new web portal to improve investor access to its financial data and bond offerings. "The purpose of the Bondlink pages is to assist investors in ... (Publication: The Bond Buyer)
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Atlantic City Makes Pitch for Amazon Headquarters
Byline: Andrew Coen Cash-strapped Atlantic City has puts its hat in the ring hoping to lure Amazon for its planned second headquarters. The city announced Monday morning it has submitted a proposal to host the e-commerce giant, touting large publicly owned sites that could accommodate a building ... (Publication: The Bond Buyer)
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Weekly T-Bills Go at 1.050%, 1.190% High Rates on Oct. 2
Byline: Gary Siegel Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed on Monday, as the three-months incurred a 1.050% high rate, unchanged from 1.050% the prior week, and the six-months incurred a 1.190% high rate, up from 1.170% the week before. Coupon ... (Publication: The Bond Buyer)
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Fourth Quarter Game Plan Focuses on Duration, Protection, and Value
Byline: Christine Albano To quench their thirst for yield and position for a rally they believe will occur in the fourth quarter, municipal portfolio managers are using strategies that protect principle, remain defensive against market volatility, and deliver value as the end of 2017 nears. Phil ... (Publication: The Bond Buyer)
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Georgia Power Receives First Parent Guarantee Payment from Toshiba for Plant Vogtle Nuclear Expansion Project near Waynesboro, Georgia
International Resource News-October 3, 2017--Georgia Power receives first parent guarantee payment from Toshiba for Plant Vogtle nuclear expansion project near Waynesboro, Georgia (C)1994-2017 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 03 October 2017 Georgia Power, the ... (Publication: International Resource News (IRN))
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USD Strength Signals Weakeness with Other Currencies
Mihir Kapadia, CEO and Founder, Sun Global Investments The consequence of USD strength has been weakness in the Euro, GBP and Yen. The Euro continues to decline pushed lower by the Catalonian referendum, sparking fresh worries after the recently concluded German elections where Angela Merkel's ... (Publication: CPI Financial)
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NMS Capital Advisors Names Chief Executive Officer
Global Banking News-October 3, 2017--NMS Capital Advisors names chief executive officer (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 NMS Capital Advisors Llc, a global focused investment banking firm, has said that it has appointed Mitchell S. Avnet as its ... (Publication: Global Banking News (GBN))
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Sierra Bancorp Completes OCB Bancorp Acquisition
Global Banking News-October 3, 2017--Sierra Bancorp completes OCB Bancorp acquisition (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 Sierra Bancorp (NASDAQ: BSRR), the holding company of Bank of the Sierra, has said that it has completed its previously ... (Publication: Global Banking News (GBN))
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IRS Work Plan for FY-2018 Shows Areas for Muni Audits
Byline: Lynn Hume WASHINGTON -- Internal Revenue Service examiners in fiscal 2018 plan to focus on municipal securities market compliance with certain arbitrage and private activity bond requirements, according to the work plan recently released by the IRS' Tax Exempt and Government Entities ... (Publication: The Bond Buyer)
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Hospital District in California Files for Chapter 9 Bankruptcy
Byline: Keeley Webster LOS ANGELES -- The Tulare Local Healthcare District in California's Central Valley has filed for Chapter 9 bankruptcy. The filing came Saturday, according to a document posted by the publication ourvalleyvoice.com. Moody's Investors Service had downgraded the district's ... (Publication: The Bond Buyer)
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PREPA Bondholders Say We Offered Help; Puerto Rico Makes Blistering Reply
Byline: Robert Slavin The Puerto Rico Electric Authority bondholders said their loan offer to PREPA was a sincere offer to help and Puerto Rico's government bitingly denounced it on Thursday and Friday. On Wednesday the PREPA Bondholders Group offered a loan of up to $1.85 billion to PREPA in the ... (Publication: The Bond Buyer)
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Riverview Financial Completes Merger with CBT Financial
Global Banking News-October 3, 2017--Riverview Financial completes merger with CBT Financial (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 Riverview Financial Corporation (OTC: RIVE), headquartered in Harrisburg, Pennsylvania, has said that it has completed ... (Publication: Global Banking News (GBN))
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Oyak Group Considering Return to Banking
Global Banking News-October 3, 2017--Oyak Group considering return to banking (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 Turkey-based Oyak Group is said to be seeking an opportunity to return to the banking business. Oyak Group is a conglomerate that ... (Publication: Global Banking News (GBN))
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People's Bank Launches Digital Banking Services
Global Banking News-October 3, 2017--People's Bank launches digital banking services (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 Sri Lanka-based People's Bank has said that it has launched digital banking services in Kandy. The service allows customers to ... (Publication: Global Banking News (GBN))
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Northern Trust Completes Acquisition of UBS' Fund Services Units in Luxembourg and Switzerland
Global Banking News-October 3, 2017--Northern Trust completes acquisition of UBS' Fund Services units in Luxembourg and Switzerland (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 Northern Trust (NASDAQ: NTRS) has said that it has closed its acquisition of ... (Publication: Global Banking News (GBN))
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Principal Financial Names New Chief Risk Officer
Global Banking News-October 3, 2017--Principal Financial names new chief risk officer (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 03 October 2017 Principal Financial Group (NYSE: PFG) has said that it has appointed Julia Lawler as its new chief risk officer, effective ... (Publication: Global Banking News (GBN))
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