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The bank has also hired some analysts to its infrastructure group over the past several weeks as it plans to beef up its muni team.
March 4 -
The muni market finances the "fabric of our nation, and now, because of Citi's exit, the cost of financing for state and local governments is going to go up," a sell-side source said.
December 15 -
Molloy will be leaving the banking giant for the nonprofit sector. Dan Tomson and Paul Creedon, co-heads of public finance, will be taking over his responsibilities.
June 9 -
A bill introduced by Sen. Dave Min would prohibit banks that invest in gunmaking from working on any aspect of state public finances, including bond sales.
February 21 -
Huntington Bancshares is acquiring Hutchinson Shockey as both look to broaden their public finance reach.
August 9 -
New York Mayor Bill de Blasio and Comptroller Scott Stringer are pushing to prevent the city from hiring Wells Fargo to lead bond sales or handle other banking business until it improves its track record of lending in poor communities.
May 31