Lending through the Federal Reserve Board's discount window grew less than 1% over the past week, to almost $110 billion.
There was also no borrowing by investment banks or against ABCP held by money market mutual funds.
Traditional borrowing by commercial banks fell 0.2%, to $22.5 billion, and no loans were made to weak financial institutions.
Reserves held by financial institutions at the central bank fell 1.7%, to $1.1 billion. The Fed's balance sheet grew 0.2%, to $2.17 trillion.
That the underlying contract holders prioritize using their smartphones and other mobile devices suggests that they are likely to prioritize payments related to those products.
Should the all-stock transaction close as planned later this year, Wintrust Financial in the Chicago area would gain about $2.7 billion of assets.
Chris Hentemann, whose fund manages $6.2 billion in assets, seeks out B-piece opportunities and foresees banks executing more bulk loan sales and credit-risk transfers.
The current levels of credit enhancement are a reduction from levels of 58.0%, 48.7%, 35.9%, 22.5% and 17% on the classes A, B, C, D and E on the BLAST 2024-1 deal.
First-quarter results at the companies were promising for other banks looking to reel in fees from capital markets activities as deposit costs put pressure on net interest income.
