💸Check-kiting - Live and Large
In the 2002 movie “Catch Me If You Can”, Leonardo DiCaprio played a top con man who defrauded many banks with fake checks - that was in...
top of page
Search
Frank Tian
- Apr 3, 2023
- 1 min
Risk Manager - A Thankless Job
Had SVB not failed, nobody would notice the absence of their top risk manager in 2022. This perfectly illustrates the role of risk and...
Frank Tian
- Mar 30, 2023
- 1 min
The Test of 3 Recessions
At the height of the 2008 Great Financial Crisis, I learned the following from a Chief Risk Officer. The recession is a good time to test...
Frank Tian
- Mar 18, 2023
- 1 min
Pandemic Lesson
Bank Failure, The Pandemic, and One Personal Lesson March is never a dull month. Three US banks collapsed in one week. Who would have...
Frank Tian
- Mar 16, 2023
- 1 min
SVB Life Lesson
I was surprised to realize the SVB event had reached beyond the banking/tech world, Arriving at my family dinner table last night. My...
Frank Tian
- Feb 8, 2023
- 1 min
💳 What happened after I got a CLD …
Last year, one of my credit cards received a 60% credit line decrease (CLD). It is understandable as issuers reduce exposure on long-term...
Frank Tian
- Jan 11, 2023
- 1 min
💰 Review Your Product Limit Cap
The latest US inflation number is out. It is in the right downward direction but still high. Latest 12-month inflation readings: 🇺🇸 US...
Frank Tian
- Jan 7, 2023
- 1 min
📂 “Where can I find that document?”
Did you ask this question in the past few weeks, hoping that your colleague was still in the office? Or did you get asked about this...
Frank Tian
- Dec 4, 2022
- 1 min
🏠 Canadian Mortgage Risk Snapshot - Q4 '22
Big 5 banks’ Q4 earnings reports are out. Here is an update of the mortgage book. 👇 It is a very Rough estimate, as each bank reports...
Frank Tian
- Nov 25, 2022
- 1 min
Canadians Reaching Tigger Rate
Canadians heard the mortgage trigger rate a lot. How many mortgages have reached that? The answer from the Bank of Canada 👇 Out of a...
Frank Tian
- Nov 2, 2022
- 1 min
💳 I Got a Credit Line Decrease (CLD)
This hasn’t happened in years. I actually got multiple line increases in the last 3 years. Is it a sign of a change in overall consumer...
Frank Tian
- Sep 27, 2022
- 1 min
Unemployment Rate vs. Consumer Credit Risk
🇺🇸 Fed’s Unemployment Rate Forecast And its implication for consumer credit risk. 👇 When Fed hiked the rate by another 75 bps on 9/21,...
Frank Tian
- Jul 13, 2022
- 1 min
Rogers Outage
One major Canadian telecommunication company has had a massive outage across the country since this morning. It impacts a wide range of...
Frank Tian
- Jul 9, 2022
- 2 min
Recession Risk Management
The fear of recession quickly spreads in the last 3 months. Meanwhile, the consumer credit loss rate is still historically low. How to...
Frank Tian
- Jun 25, 2022
- 2 min
Inflation Management and Risk Management
US inflation reached a new 40-year high at 8.6% in May. How could the policymaker manage inflation differently? Why not look at the risk...
Frank Tian
- Jun 11, 2022
- 1 min
CFPB on Black-Box Models
Your model is complicated, But you still need to explain it. That is the latest reminder from CFPB. ECOA mandates lenders to explain...
Frank Tian
- Jun 9, 2022
- 1 min
Survive 3 Recessions
Given the rapidly shifting market lately, I couldn’t help thinking about the words I heard back in 2008, From the CRO of a large US...
bottom of page