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USAA completes first overhaul of mobile app in 10 years
First Entertainment Credit Union names new CEO
How Splitit's new CEO plans to make BNPL more bank-friendly
Louisiana Credit Union League hires nonprofit vet to be CEO
BNPL regulation is urgently needed. But not all providers are the same.
BofA reports strong loan growth, better-than-expected trading results
Can Russia Pay its 2022 Dollar Bond Obligation in Rubles? (More dodgy Russian bond clauses?)
I didn't think so. But one of my students has me questioning myself. ... Read full article
Why the OCC is creating fintech supervision specialists
That Odd Sri Lankan Airline Guaranteed Bond
Mitu Gulati & Mark Weidemaier After months of waffling, Sri Lanka’s head-in-sand government has finally acknowledged that it cannot pay its debts. The cavalry (IMF) has been called in and we guess that hordes of potential restructuring advisers are ... Read full article
Challenges abound for public finance amid geopolitical turmoil
The Russia-Ukraine crisis: Its affect wealth management and retirement planning
https://www.americanbanker.com/leaders/the-russia-ukraine-crisis-its-affect-wealth-management-and-retirement-planning ... Read full article
How will the Ukraine war affect banks
Latest banking news
How to Destroy the Collective Action Clause
Mark Weidemaier & Mitu Gulati We almost hate to post this, because it is so simple, and so fundamental, that it seems almost surely wrong. But if it’s wrong, we can’t see why. Maybe a reader can explain? Here goes. ... Read full article
Biden will nominate Michael Barr as Fed’s banking supervisor
Wells Fargo reports drop in home loans, new minority borrower aid
Ally says the auto-lending party isn’t over just yet
Behind its negative headline numbers, Citi shows signs of progress
Citigroup sees ‘significant interest’ as Mexico sale talks kick off