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Moment of truth arrives for UK muni bonds agency

Despite delays, the UK's Municipal Bonds Agency says it is now 'open for business'. All councils have to do is sign up

Since it was first proposed in 2012, the creation of a new municipal bond market in the UK has been making very slow progress. But at least it is making progress.

The latest step in that incremental march came on January 25 with the announcement of four public-sector grandees to round out the now seven-strong board of the new Municipal Bonds Agency.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It