by Cole Gottlieb | Dec 3, 2023 | Blog
Happy Sunday, Consumers shelled out for gifts over Black Friday/Cyber Monday (and used BNPL to do it). Conventional wisdom increasingly says the rate hike cycle may be over. Consumer confidence stabilized. First Fed Bank’s FDIC consent order. Mozaic raises $20Mn for...
by Cole Gottlieb | Nov 19, 2023 | Blog
Happy Sunday, U.S. downgraded by Moody’s. Consumer spending in October fell. FDIC’s toxic workplace culture. Enova hit with new CFPB order. Zelle now refunding some defrauded users. Blockchain startup Fnality raises $95Mn. Cobrand card platform Imprint raises $75Mn....
by Cole Gottlieb | Oct 15, 2023 | Blog
Happy Sunday, Rising Treasury yields may mean Fed doesn’t need to raise rates. FDIC proposes governance guidelines for banks over $10Bn. CFPB warns of payment market consolidation and continues war on “junk fees.” Credit unions see delinquencies, charge-offs rise....
by Cole Gottlieb | Jun 25, 2023 | Blog
Happy Sunday, Fed Chair Powell warns more hikes are coming. Bank economists remain downbeat on credit conditions. FDIC issues more cease and desist orders over deposit insurance claims. CFPB seeks to supervise big tech. Fintechs still raising funds. Crypto grab bag....
by Cole Gottlieb | May 7, 2023 | Blog
Happy Sunday, The Fed hikes again but signals a pause is possible. Job market data. Treasury announces buyback program. FDIC deposit insurance report recommends “targeted coverage” expansion. Apple users put nearly $1Bn in new savings accounts. Greenwood acquires...
