“Often, economic change occurs at this level of the economy,” says Umpqua Bank EVP Richard Cabrera about the middle market of the commercial sector. “While economic concerns still linger, there’s tremendous optimism.”
BAFT, the ABA’s global transaction banking subsidiary, has elected Suresh Subramanian as chair of its board for the 2023-24 association year.
BAFT, ABA’s global transaction banking subsidiary, has re-elected Maram Al-Jazireh as chair of its board for the 2022-23 association year.
BAFT, the American Bankers Association’s global transaction banking subsidiary, today announced the 2022 class of its Future Leaders Program, which recognizes up-and-coming leaders in the transaction banking industry.
BAFT, the American Bankers Association subsidiary association for international transaction banking, today announced the creation of a virtual transaction-banking networking club, BAFT Connect.
The American Bankers Association and a coalition of financial trade groups wrote in support today of the Adjustable Interest Rate (Libor) Act to address “tough legacy” contracts that currently reference Libor but lack adequate fallback language and can’t be amended to add it.
With the transition away from Libor now well underway, BAFT, the American Bankers Association subsidiary association for international transaction banking, and two other trade finance groups today published a new report discussing potential implications for the trade finance industry.
In a joint statement today, the Commodities Futures Trading Commission’s Market Participants Division and Division of Market Oversight emphasized to market participants and swap execution facilities the importance of an orderly transition away from Libor.
BAFT, the American Bankers Association subsidiary association for international transaction banking, today released a frequently asked questions guide on the Libor transition.
BAFT, the American Bankers Association’s global transaction banking subsidiary, has named Maram Al-Jazireh as chair of its board for the 2021-22 association year.