Paul Vigna is the managing editor of American Banker. He is an author, journalist, editor and speaker, with a particular focus on capital markets and cryptocurrencies. He is the author of
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The original cryptocurrency lies at the bleeding edge of the risk curve, and its cross currents say something about how feisty the market is feeling.
June 10 -
A private credit fund got suckered into the Aspiration Partners fraud; is that an 'it could have happened to anybody,' or a sign that the industry has low standards?
June 8 -
Even the Federal Reserve has limited visibility into the nonbank and private credit markets. That's a problem for banks that are increasingly lending to those sectors.
June 5 -
Bank CEOs pay is rising again, as the leaders of the largest banks all top $40 million now; the next Fed chair needs to contend with a splintered board.
June 4 -
There is a difference between combating discrimination and forcing bankers to ignore problems.
June 3 -
Reports show banks and the agencies that regulate them are both very vulnerable to fast-moving cyber attackers exploiting loopholes in computer systems.
June 2 -
The incredible demand for credit, numbers reaching into the trillions, is luring banks back into the very risk markets that got them in trouble 20 years ago.
June 1 -
The crypto industry thought it could do trust better than the banks, found out it couldn't and realized it needs rules to guarantee trust.
May 29 -
The trillions being poured into AI is putting pressure on the hyperscalers to produce a return on the investments.
May 28 -
AI could bring about the worst jobs market in the past century; the good news is we have time to figure out what to do about it.
May 27 -
Berkshire Hathaway is narrowing its bank exposure, and sitting on a mountain of money. That says something about the market.
May 26 -
The central bank said it had a new proposal for its so-called skinny accounts, right after the White House ordered essentially the same thing. Coincidence?
May 22 -
Banks are increasing their loan-loss provisions, though they say the additions are just precautionary. Are they really?
May 21 -
Plaid strikes a deal with OpenAI that would allow ChatGPT users to upload their bank-account data. Is that such a good idea?
May 20 -
Crypto firms are becoming the kinds of trusted third parties bitcoin was created to get around, raising the question of what digital currencies are even for.
May 18 -
Every business needs a competitive advantage. But for banks their core product, money, is by definition commoditized. So where do banks find an advantage?
May 15 -
There are a lot of worrisome things going on out there, but the credit markets overall appear to be okay. For now. And that, really, is all that matters.
May 13 -
The economy is already showing signs of stress from the oil crisis. How much longer will it last, and is there a red-line number that breaks the economy?
May 12 -
The cost of deposits has fallen but the trend may get short-circuited by a Fed that can't cut rates amid the inflationary pressures of the war in Iran.
May 11
