After the 2008 Great Financial Crisis, a friend in Asia asked me what made Canada largely stay out of trouble. One of my colleagues said...

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...

The 3-year Pandemic Journey - 🇺🇸 US Interest Rate Yesterday the Fed continued the rate hike for the 9th time - with 25 bps. Here is a...

The traditional full-service banking model has been challenged by many specialized operators. However, the current banking crisis...

Amid the banking crisis, the Fed confirmed the July launch of FedNow. 🟦 𝐖𝐡𝐚𝐭 𝐅𝐞𝐝𝐍𝐨𝐰 FedNow is the instant payment service...

The 3-year Pandemic Journey 🇺🇸 US Inflation To understand how we got here, it helps to look back. 🟢 May 2020: 0.2% The pandemic...

The rescue of depositors in Silicon Valley Bank proves again the banking system is public assisted, privately operated. After all, banks...

Bank Failure, The Pandemic, and One Personal Lesson March is never a dull month. Three US banks collapsed in one week. Who would have...

I was surprised to realize the SVB event had reached beyond the banking/tech world, Arriving at my family dinner table last night. My...

The 3-year Pandemic Journey 🇨🇦 Bank Reserves Big 5 Canadian banks started the 1st quarter in fiscal year ‘23 with another allowance...

In early 2022, CFPB launched an initiative to target excessive fees charged in consumer finance. On March 8, 2023, the agency published a...

Lately I have been thinking - how risk folks could leverage the latest Generative AI? Let’s look beyond the limitations of current tools...

BNPL - Latest Regulatory Actions 🇺🇸 Another Report from CFPB CFPB released its analysis of BNPL customers’ credit profile, based on a...

🇨🇦 Jan inflation down to 5.9%. Why is the price still high up there? Inflation measures the speed of price increases. The drop of...

💳 With credit card balances surging back, lenders continue to jockey for positions in the competitive field. 🏇 📌 Wells Fargo launches...

Earlier this month, the Department of Finance Canada released the proposed Retail Payments Activities Regulations for comments. The...

2022 saw the fastest rate hike. How is US consumer credit doing? Here is the latest Fed report: 👇 US household debt up $394 billion in...

On Feb 10, the Fed released this year’s stress testing scenario. It is an annual exercise to gauge the largest US banks’ capabilities to...

Super Bowl time again - what is different this year is you won’t see any crypto commercials. When things are going well, you can...