IF a severe recession hits, how would the US banks fare? Based on the stress testing of the 23 large US banks, they have enough capital...

The Economist recently published a piece to highlight the resilience of credit cards in developed economies. In the US, the credit card...

🇨🇦 Banks Q2 Reports Another quarter with a modest reserve increase. In Q2 (ending Apr), the collective reserves of the big 5 Canadian...

With the banking crisis in March, How is US consumer credit doing? Here is the Q1 ‘23 Fed report: 👇 Quarterly debt growth slowed to...

If Forbes were to create a list of "90 Above 90", Buffett and Munger would be on it unanimously. On May 7, the 92 and 99 years young duo...

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...

The top 4 banks saw their collected mortgage origination down ~80% in Q1 vs. the average in the last 3 years. 📍 Fast interest rate hikes...

After the regional bank crisis in March, How is consumer deposit changing at the largest US banks? In Q1, the largest 4 US banks saw...

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...

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

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

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...

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

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...

Do you know who is enabling payments behind the coin purchase or virtual gift redemption on TikTok? Here is an unthinkable answer to...

If you haven’t heard of Silvergate Bank, you are not alone. It is a bank in San Diego, California. I worked at San Diego for 5 years and...

The mortgage origination continued to collapse. The top 4 banks - JP Morgan Chase, Bank of America, Citi, and Wells Fargo - collected...

But it is not as bad as it sounds. The top 4 US banks accelerated their reserve building in Q4 ‘22: +$2.9B, or +4.4% Q/Q. This is the 3rd...

1. Will the central bank succeed in taming high inflation with a soft landing? The ideal scenario for businesses and consumers: the...