Clay-Craig-Donnelley-opinion-PSO.jfif

Craig Clay

President

Craig Clay is president of Donnelley Financial Solutions.

Fintech

SPACs are here to stay, but with some caution

The faster IPO alternative is a favorite of fintechs, but accounting adjustments will require some extra compliance, says Donnelley Financial Solutions' Craig Clay.

By Craig Clay

May 13

TRENDING

Politics and policy

Fed's Cook cites private credit, CRE and cyber as leading risks

Federal Reserve Governor Lisa D. Cook highlighted concerns over private credit growth, commercial real estate distress and escalating cyber threats in remarks on financial stability at the Brookings Institution Wednesday.

By Ebrima Santos Sanneh

1h ago
Fintech

Fintechs pitch banks with solutions to help consumers deal with debt

Consumer debt aggregators such as Method, Payitoff, Spinwheel and Tally are partnering with financial institutions to embed solutions that aggregate account information and devise ways to optimize repayment — including with low-interest offers from the bank itself.

By Miriam Cross

1h ago
Politics

Will Democrats stand by Gruenberg?

Federal Deposit Insurance Corp. Chair Martin Gruenberg will testify next week in Congress. Those hearings — which will come after the publication of a bombshell report detailing widespread misconduct at the agency — could signal whether he has a future at the FDIC.

By Claire Williams

2h ago