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Duncan MacDonald

Consultant, Duncan McDonald

What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Member of the Law Council

Council Member Biography

Duncan MacDonald is an independent consultant to financial institutions, corporations, and think tanks on payments, privacy and data protection, alternate dispute resolution, bankruptcy, class action reform, antitrust, joint venture, plain language, and constitutional issues. He has worked at Citibank for 26 years and was General Counsel of its Card Products for Europe and North America. Mr. MacDonald managed all legal matters for the firm's private label and bankcard programs. He is also an author of articles on much of the foregoing for various publications. Mr. MacDonald is on the Boards of Good Shepherd Services, Indiana University Law School and Privacy & American Business, as well as Fellow of the American Bar Foundation and a Member of SCRIBES. (This is me - Update Profile)


Employment History

1998 - present
Consultant, Duncan McDonald
1998 - 2000
General Counsel, N A CITIBANK

GLG NewsSM Analyses by Duncan MacDonald(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Populist Politics Threaten Card Industry Recovery & Survival

November 19, 2009

Duncan MacDonald, Consultant, Duncan McDonald

US Credit Card Sector Faces Punitive Hostility | www.ft.com

The letter in today's FT (I am one of the authors) questions whether new and proposed legislation by Congress can kill the credit card industry.

Retail discounts won't revive our economy

November 9, 2009

Duncan MacDonald, Consultant, Duncan McDonald

Catering to the Recession Mentality | online.wsj.com

The article is about the struggle of retailers to lure consumers to stop worrying about the economy and start spending again. Their bait is aggressive discounting. The question not only is whether it will work but whether other factors will wipe out the best laid discounts.

Loss of arbitration of cardholder disputes could sink card industry

October 15, 2009

Duncan MacDonald, Consultant, Duncan McDonald

Turmoil in Arbitration Empire Upends Credit-Card Disputes | online.wsj.com

Although the article is about an investor's failed bet on arbitration of card disputes, the bigger fail will belong to the card industry -- the 1 billion bank and private label cards held by 200 million consumers. Issuers of those cards have all but lost the right require arbitration and the enormous...

Threats to make CARD Act worse and to regulate interchange fees

October 6, 2009

Duncan MacDonald, Consultant, Duncan McDonald

Banks Face Pressure to Bend on New Agency - American Banker Article | www.americanbanker.com

The article is about the wrangling in Congress to enact a so-called "Consumer Protection Agency." But it carries a threat to bankers. If they don't stop trying to block a CPA, Congress will enact piecemeal bills that will prevent card issuers from being able to reprice in response to the CARD Act...

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