Banks' war for talent comes for lenders; a new CBA head; forgiving student debt

The ongoing war for talent is sweeping banking, with bankers now scrambling to lure lending executives away from rivals. Also: Lindsey Johnson takes over at the Consumer Bankers Association, and how Nova Credit is using data from consumers' bank accounts to help the underserved get credit, in today's American Banker newsletter.

Our Young Women’s Leadership Award, a college scholarship for first-generation high school seniors in New York City, is now accepting applications through May 16.

Here's what we're covering today:

Banks, credit unions paying top dollar to hire lenders

Consumer Bankers Association names Lindsey Johnson its next leader

Nova Credit tech turns bank account data into credit assessments

Quarles: U.S. doesn't need CBDC to compete with China

Merchants lobby for lower swipe fees ahead of Judiciary Committee hearing

What student loan forgiveness would mean for U.S. consumer lenders

Sign up here to receive American Banker's complete Daily Briefing newsletter — delivered to your inbox every morning.