ABI Blog Exchange

How Splitit's new CEO plans to make BNPL more bank-friendly

BNPL regulation is urgently needed. But not all providers are the same.

BofA reports strong loan growth, better-than-expected trading results

Why the OCC is creating fintech supervision specialists

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. As of this writing, in April 2022, the press is reporting that Russia is on the brink of default because its foreign currency funds are frozen ( here). Russia says that it is not in

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. As of this writing, in April 2022, the press is reporting that Russia is on the brink of default because its foreign currency funds are frozen (here)....

ARIZONA IS ONE OF 2 STATES THAT WILL TAKE YOUR TAX REFUND IN BANKRUPTCY.  SHOULD THE LAW CHANGE?

ARIZONA IS ONE OF 2 STATES THAT WILL TAKE YOUR TAX REFUND IF THIS HAPPENS. SHOULD THE LAW CHANGE? By RUSS WILES, Arizona Republic (reprinted for educational purposes only) Tens of millions of Americans look forward to income-tax refunds as a way to

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

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

How will the Ukraine war affect banks

The Russia-Ukraine crisis: Its affect wealth management and retirement planning

Challenges abound for public finance amid geopolitical turmoil

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....

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. For at least 20 years, reform

Latest banking news

From Dusk ‘Til Dawn: Hope for the Subchapter V Debt Limitation

The Small Business Reorganization Act (SBRA), which was signed into law on August 23, 2019, and went into effect as of February 19, 2020, put in place what is commonly known as “Subchapter V” in the reorganization industry. Under the SBRA, a

Biden will nominate Michael Barr as Fed’s banking supervisor

Wells Fargo reports drop in home loans, new minority borrower aid

Behind its negative headline numbers, Citi shows signs of progress

Ally says the auto-lending party isn’t over just yet