Cross River Intelligence Archives

Happy Sunday, Despite bank turmoil, Fed still hikes 25 bps. TransUnion Credit data. Inflation expectations drop. Home prices fall. Banks tap FHLB, BTFP for liquidity. U.S. evaluates emergency deposit insurance measures. FDIC extended deadline for SVB bids. NYCB acquires most of Signature Bank. UBS acquires troubled Credit Suisse, wiping out “CoCo” bonds. PacWest gets $1.4Bn lifelin ...

Happy Sunday, Headline inflation cooled somewhat, but housing prices are keeping core CPI high. Consumer spending fell. Markets expect the Fed will hike rates by 25 bps next week – but predict they’ll drop by year’s end. Regulators, politicians scramble, have diverging views on SVB, Signature collapses. Apexx raises $25Mn Series B. Circle selects new partners for USDC. Credit ...

Happy Sunday, Could rates go above 6%? Mortgage apps hit 28-year low. Bond yield inversion widens. Banks fight for deposits. Senators push regulators on Zelle fraud. SoFi sues to stop student loan payment pause. Varo raising $50Mn downround. Droit’s $23Mn Series B. “SoFi for trade students” raises $36Mn in equity and debt. Silvergate, Silicon Valley Bank to shut down. Amount ...

Happy Sunday, Fed warns 2% inflation target may not be achieved until 2025. More auto owners have negative equity. Some signs labor market cooling. Supreme Court will hear CFPB case. Goldman may shrink consumer business. Klarna’s losses widen. LendingTree teams with Upgrade on credit card. Earnings season continues. Last week, we published our Q4 Consumer Lending Review – if you ...