Insights from Catalyst

Catalyst has seen a sharp uptick in derivative trading activity through the first half of 2023, and it appears more than just Catalyst clients are increasing their trading activity. Since the end of 2019, total derivatives outstanding have increased from $13.2 billion to almost $34 billion as of March 31, 2023.

Subordinated debt usage has exploded over recent years. Since the end of 2017, total outstanding subordinated debt has increased from $223.5 million to over $3.6 billion.

One of many efforts to restore confidence in the banking system following the 2008 financial crisis, this program was intended to fend off potential contagion in the banking sector in the event of another severely adverse credit default.

Subordinated debt has remained at the forefront of credit union strategic initiatives throughout 2022 and into 2023, despite rising interest rates.

Attending my first Young Professionals Conference representing Catalyst Corporate was an inspiring experience. I thoroughly enjoyed all the speaker sessions, power hours and networking events Cornerstone Credit Union League (CCUL) hosted for young professionals.