Duncan MacDonald
Consultant, Duncan McDonald
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.
-
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...
-
Bankcard industry lobbies Congress to leave interchange fees alone
September 22, 2009
Duncan MacDonald, Consultant, Duncan McDonald
Lafferty Group - Interchange battle rages on | www.lafferty.com
The primary story here is not the card industry's standard defense of bankcard interchange fees. It is that Visa and industry trade associations are responding to the clear and present danger that an angry Congress is going to side with merchants by enacting a law to limit interchange fees. Their defense...
-
Bank stocks will crumble in the coming months
August 14, 2009
Duncan MacDonald, Consultant, Duncan McDonald
Stocks Slip as Banks Pull Back | online.wsj.com
The WSJ article suggests a modest, temporary pullback for banking stocks amidst all the recent glowing reports that the Great Recession is over. It is not over. It is going to get much worse, precisely because of a crisis that is about to erupt for the bankcard industry.
Leading institutions connect with Duncan MacDonald through GLG
GLG Study Groups with Duncan MacDonald(?)
| Study Group Name | No. Members |
|---|---|
| Bankruptcy Experts: Lawyers (US) | 71 |
| Bankruptcy Experts: Lawyers (EU) | 70 |
| Class Action Experts: Lawyers (US) | 47 |
| Banking, Insurance, and Financial Institution Experts: Lawyers (US) | 191 |
GLG Live Meetings with Duncan MacDonald(?)
Duncan MacDonald has not participated in any GLG Live Meetings.
View all GLG Live Meetings in Legal, Economic & Regulatory Affairs