Bonds

Callahan joins UMB Bank’s capital markets division

Dan Callahan joined UMB Bank’s capital markets division as a senior vice president and public finance banker, the bank announced last week.

Based in Austin, Callahan will oversee sales and business development, focusing on “UMB’s continued growth in the Texas municipal market through enhanced offerings in school municipal financing that will deliver sustainable results for school districts throughout the state,” the announcement said.

Dan Callahan joins UMB Bank as senior vice president and public finance banker.

UMB Bank

“With nearly two decades of industry experience, Callahan is a seasoned public finance and banking executive known for driving revenue growth across diverse industries and market conditions, including the Texas K-12 and municipal markets,” it added.

Callahan previously was a senior vice president at D.A. Davidson.

A continuing barrage of public school debt issuance to address aging infrastructure and accommodate growing enrollment helped boost municipal bond volume in Texas in the first half of 2024.