Our editor, Deepesh Patel sat down with Geoff Brady and Madhav Goparaju from Bank of America and Chris Doroszczyk from IBM to discuss the impact of COVID-19, access to finance and technology.
Your morning coffee briefing from TFG. Inflation concerns intensify as cost of energy soars, Boris Johnson reluctant to issue more visas to foreign workers, accelerated energy transition dependent on financial markets, CEOs and world leaders call on governments to reform trade and ADB supports Sanoat Qurilish Bank’s fast-growing base of SMEs with $16.6m credit agreement.
WASHINGTON — BAFT, an international financial services association, recently announced the publication of BAFT’s Global Trade Industry Council Payables Finance Principles to inform the industry on the payables finance supply chain finance product.… read more →
We caught up with Peter Jameson, Head of Trade and Supply Chain, Asia Pacific in Bank of America. We discussed the highlights of 2019 and the opportunities in 2020 for the trade, receivables and supply chain finance. There will be continued pressure on trade flows, with reduced volume, commodity prices, and financing demand. Despite this, Asia Pacific’s growth prospects remain favourable as compared to other regions. Businesses continue to seek growth and focus on further developing their banking needs in the region.
We interviewed Geoff Brady, Head of Global Trade & Supply Chain Finance (GTS) at Bank of America Merrill Lynch. We talked about the physical and financial aspects of the supply chain management, about the importance of Blockchain Consortia in the trade finance space and the BAML’s agenda for the rest of the year.
NEW YORK CITY – Businesses large and small have a common challenge: choosing the best, most efficient payment channels for hundreds or thousands of recipients. Deciding between card, wire, automated… read more →
Banks Can Now Offer Their Customers More Rate Certainty on Cross-Currency Payments NEW YORK CITY – Cross-currency transactions are an increasingly common and valuable part of business for small and… read more →
New York – 19 September, 2019 – Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.
The life of a corporate treasurer is changing, and so is transaction banking. TFG spoke to Lesley McNamara at BAML on integrating product offerings, digital banking trends, corporate treasury and trade updates.
Bank of America Merrill Lynch’s Baris Kalay explores what it takes to implement a successful supply chain finance program.