Recent Posts

Citi needs a strategy for Asian consumer banks

Citigroup Inc’s new Chief Executive Jane Fraser is facing an Asia question handed down to her from predecessor Mike Corbat’s time: What to do about the consumer banks? Out of the 19 that Citi operates globally, 12 are in the Asia-Pacific region. When Corbat took over as CEO in 2012, the unit — which now also includes five smaller consumer ...

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Trump actually has a point about RNC’s ads

Former Republican president Donald Trump is trying to block the Republican National Committee from using his image in their fundraising efforts. He has no legal case: Trump is a public figure and can’t stop anyone from using his image in the course of political speech. But if you think of it in terms of US campaign finance customs rather than ...

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Biden repeals Trump-era policy on caregivers for migrant kids

Bloomberg The Biden administration is repealing a Trump-era policy on unaccompanied child migrants in order to encourage their family members in the US to take custody of them, even if the parents or guardians are not living in the country legally. Under a 2018 memorandum, Department of Health and Human Services’ Office of Refugee Resettlement was directed to ask Immigration ...

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