BankAmerica Corp. and Mellon Bank Corp. on Thursday separately announced initiatives in public finance.

BankAmerica said it formed a government services division. Mellon purchased the public finance business of Scheetz, Smith & Co., a Pittsburg-based investment banking firm.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.