diff --git a/RELEASE-NOTES b/RELEASE-NOTES
index ee1f88f5f..cd008a7ef 100644
--- a/RELEASE-NOTES
+++ b/RELEASE-NOTES
@@ -1,3 +1,10 @@
+# Release 2.7.15
+  * Critical: Fix password update issue (#2097). This bug prevents
+    password updates in multisig and 2FA wallets. It may also cause
+    wallet corruption if the wallet contains several master private
+    keys (such as 2FA wallets that have been restored from
+    seed). Affected wallets will need to be restored again.
+
 # Release 2.7.14
   * Merge exchange_rate plugin with main code
   * Faster synchronization and transaction creation
diff --git a/lib/version.py b/lib/version.py
index 3ed24c87c..d2aff7276 100644
--- a/lib/version.py
+++ b/lib/version.py
@@ -1,4 +1,4 @@
-ELECTRUM_VERSION = '2.7.14' # version of the client package
+ELECTRUM_VERSION = '2.7.15' # version of the client package
 PROTOCOL_VERSION = '0.10'   # protocol version requested
 
 # The hash of the mnemonic seed must begin with this