US Banks Stress Test
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...
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Frank Tian
- Jun 25, 2023
- 1 min
Effects of Fed's 10 Rate Hikes
The Fed has handed out 10 rate hikes, with a possible 11th next month. What are the effects of the fastest rate hikes, so far? [US Macro...
Frank Tian
- Jun 7, 2023
- 1 min
Old Bank/Card Model Still On Fire
The Economist recently published a piece to highlight the resilience of credit cards in developed economies. In the US, the credit card...
Frank Tian
- May 29, 2023
- 1 min
💸 Overdraft/NSF Fee Down in the US
CFPB reported the bank overdraft/NSF revenue down 48% in Q4 ‘22 vs. pre-pandemic in Q4 ‘19. That is about $5.5B in savings on an annual...
Frank Tian
- May 27, 2023
- 1 min
Canada Growing Household Debt
🇨🇦 CMHC recently highlighted the growing household debt vs. GDP in Canada. 75% of the debt are mortgages. Different from the 30-year...
Frank Tian
- May 25, 2023
- 1 min
Omaha Trip Report
A Quick Trip in Omaha. It has been 6 years since the last time I visited Omaha. The midwestern city has grown with new developments....
Frank Tian
- May 21, 2023
- 1 min
Australia BNPL Update
🇦🇺 Australia chose option 2 for BNPL regulation. As I was finalizing the presentation slides of BNPL, the news came in from the Down...
Frank Tian
- May 19, 2023
- 1 min
Iowa Video
Back to Des Moines, Iowa today. It is the same quiet and calm place. Had dinner with fellow speakers and organizers for tomorrow's SAS...
Frank Tian
- May 11, 2023
- 1 min
How to Lend Money to Strangers - Podcast Dropped
🎶 Do you know the Coffin Dance? The meme music somehow showed up in my conversation with Brendan Le Grange on his podcast. The...
Frank Tian
- Apr 23, 2023
- 1 min
US Banks Mortgage Origination Continued to Tank
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...
Frank Tian
- Apr 21, 2023
- 1 min
💳 Consumers Continue to Shop on Cards
The top 4 US banks had another solid quarter with credit cards. This is the advantage of the diversified business model at full-service...
Frank Tian
- Apr 19, 2023
- 1 min
US Banks Consumer Deposit Update
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...
Frank Tian
- Apr 15, 2023
- 1 min
Small Medical Collections Removed
The 3 major credit bureaus removed the medical collections records under $500 on April 11th, 2023. This is one of the actions in response...
Frank Tian
- Apr 13, 2023
- 1 min
When Walmart Wants to Offer Credit …
20 years ago, I was in a meeting to discuss the possible expansion of a private label credit card with a grocery store partner. One...
Frank Tian
- Apr 11, 2023
- 2 min
💰 6 Consumer Credit Items To Know in 2023 Canadian Budget
All appear in the 1st chapter “Making Life More Affordable and Supporting the Middle Class”, a clear indication of the policy priority....
Frank Tian
- Apr 7, 2023
- 1 min
Personal Finance - Credit Card Payment
💳 A personal finance writer reached out with the following question for her audience: “Are there any benefits to making multiple credit...
Frank Tian
- Apr 5, 2023
- 1 min
Stay Calm - What happened to banks/consumers
Stay calm. The message from the SVB CEO was not enough. It took a series of actions from the US president, the Treasury, multiple...
Frank Tian
- Mar 28, 2023
- 1 min
🇺🇸 US Interest Rate
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...
Frank Tian
- Mar 22, 2023
- 1 min
🇺🇸 US Inflation
The 3-year Pandemic Journey 🇺🇸 US Inflation To understand how we got here, it helps to look back. 🟢 May 2020: 0.2% The pandemic...
Frank Tian
- Mar 4, 2023
- 2 min
BNPL Regulation Update
BNPL - Latest Regulatory Actions 🇺🇸 Another Report from CFPB CFPB released its analysis of BNPL customers’ credit profile, based on a...
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