Mitsubishi UFJ Financial Group, Japan’s biggest publicly traded bank, is entering the U.S. municipal-bond market, hiring six public-finance professionals and concentrating on issuing and trading debt in western states.
BusinessWeek.com — Finance
U.S. municipal-bond funds had $ 5.75 billion in net withdrawals in the week ended Jan. 19, according to estimates by the Investment Company Institute.
BusinessWeek.com — Finance
U.S. municipal-bond funds had $ 2.37 billion in net withdrawals in the week ended Jan. 12, while domestic stock funds drew $ 3.77 billion in deposits, the most in more than a year.
BusinessWeek.com — Finance
Lyle Fitterer, the top manager of U.S. municipal-bond funds in the past decade, sides with Bill Gross and against Meredith Whitney in his view that fiscally strained states and cities will avoid widespread defaults.
BusinessWeek.com — Finance
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