BAFT, ABA’s global transaction banking subsidiary, today announced the election of new officers for the 2017-2018 association year. BAFT’s new chairman will be Kimberly Burdette, SVP and manager of international financial institutions at PNC. David Scola, head of the financial institutions group in corporate banking at Barclays, will serve as vice chairman, and Mark Garfield, head of global financial institutions at Zions Bancorporation, will serve as secretary and treasurer.
ABA DataBank: Rates and oil diverge
Oil prices have largely returned to early-2026 levels. In contrast, the implied yield on the Fed Funds Futures December 2026 contract is up 80 basis points from a year ago, suggesting a broader range of risks and uncertainty...








