Edmonton lawyer Melissa Bourgeois had been practising family law for more than a decade when she had what she calls her “light bulb moment.” After years of helping couples navigate amicable divorces – ones where spouses aren’t actively fighting, but simply choosing to go their separate ways – Bourgeois heard about a unique legal service being offered in the U.K. There, low-conflict separating couples were being offered the opportunity to hire just one lawyer to act for both parties. The...

Bank of America Corp. won a Texas city’s bond deal on Wednesday, a sign that the nation’s largest municipal underwriter plans to revive its public-finance business in the state after an absence of almost two years. The bank won a $161 million offering in a competitive auction by the city of Frisco, its first time to handle a deal for a Texas city or local government since a GOP-backed law related to the firearms industry took effect in September 2021, data compiled by Bloomberg show. The bank...

Bank of America Corp. wants to revive its work in the No. 1 market for US municipal-bond sales. But it doesn’t appear to have gotten a nod yet from the Republican-led Texas Attorney General’s Office, which is grilling the bank on its policies surrounding the firearms industry. Austin Kinghorn, Texas associate deputy attorney general for legal counsel, sent the bank’s law firm dozens of questions about its gun industry policies in a June 26 letter. The document was obtained through a public...

Bank of America Corp. is seeking to resume its municipal-bond underwriting in Texas after a nearly two-year pause because of a Republican-backed law targeting banks over their gun policies, according to public records obtained by Bloomberg. Bank of America, the nation’s biggest muni underwriter, hasn’t managed debt sales by Texas or its cities since two GOP measures went into effect in September 2021. One of the laws, known as Senate Bill 19, bars governmental entities from working with...

A new multistrategy hedge fund run by Wall Street veterans Brian Hurst and Elisha Wiesel began trading Thursday, focusing on offbeat strategies such as temperature arbitrage. Hurst, a 21-year veteran of AQR Capital Management, and Wiesel, who spent 25 years at Goldman Sachs Group Inc., are starting Niche Plus as ClearAlpha Technologies’ first fund. With commitments of several hundred million dollars, it expects to have $1 billion within a year to deploy across 13 teams running 20...