Christian Catalini, chief economist of the Diem Association and Diem Networks US

Christian Catalini

Chief economist

Christian Catalini is the chief economist of the Diem Association and Diem Networks US, and co-creator of Diem (formerly Libra).

Payments

It’s time to knock down the walled gardens of the payments system

Until we have true interoperability across payments platforms, competition will be stunted. Cryptocurrencies offer a model solution to breaking the hold banks and card networks have on consumer choice.

By Christian Catalini

October 22

TRENDING

Commercial lending

NYCB lays out revised strategy while warning of more near-term pain

The embattled Long Island bank unveiled a turnaround plan that involves selling noncore assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.

By Polo Rocha

5h ago
Monetary policy

Fed to start slowing balance sheet wind down in June

During this week's Federal Open Market Committee meeting, officials voted to lower the cap on the amount of Treasury securities that can roll off the central bank's books each month from $60 billion to $25 billion.

By Kyle Campbell

6h ago
M&A

Republicans zero in on bank merger policy in new push

House Republicans held a subcommittee hearing on reforming bank merger M&A, laying the groundwork to counter Biden administration efforts to make it more difficult for mergers to be approved.

By Claire Williams

7h ago