Tag Archives: trade finance

BAFT Announces Future Leaders Program Class of 2019

BAFT -- ABA’s global transaction banking subsidiary -- yesterday recognized the 32 members of its Future Leaders program class of 2019. This year’s class includes bankers from 14 different countries, representing a wide variety of disciplines within the transaction banking industry.

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Podcast: Separating Hype from Reality on Bitcoin and Blockchain

Aside from the recent bitcoin mania that is seeing a wave of "initial coin offerings" and goosing the stock value of companies that announce virtual currency plays, the underlying technology -- known as blockchain, or distributed ledger technology -- has attracted significant interest from financial institutions and investors.

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Engage China Coalition Applauds China Pledge to Open Financial Markets

The Engage China coalition -- a group of 12 financial trade groups that includes the American Bankers Association and its international finance subsidiary, BAFT -- has welcomed the commitment made by Chinese leadership as part of President Trump's state visit to Asia to open up its financial markets to greater foreign participation.

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Report: Trump ‘Very Close’ to Fed Nominations

President Trump is “very close” to nominating a Federal Reserve vice chairman for supervision and another governor to fill a designated seat for an individual with community bank expertise, according to Treasury Secretary Steven Mnuchin, who was interviewed with Trump by the Wall Street Journal.

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