News Topic: Public finance
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NY Green Bank’s new fund will finance clean energy in underserved areas
California will study feasibility of public banking option for consumers
Powell asks Fed to examine staff trading rules after disclosures
Public banking gets green light in California
A new law authorizes municipalities in the nation’s largest state to charter their own financial institutions to reinvest public funds into the community. ... Read full article
Flint out at HSBC; Bair: Keep Congress out of CECL
The CEO's tenure lasted just 18 months; the former FDIC chair says having Congress more involved in setting accounting standards "could well backfire on the banks." ... Read full article
Sterling in N.Y. bucks trend with expanded muni reach
The company has created a municipal group that will focus on nonpublic financing services at a time when loans to bond issuers are declining. ... Read full article