Bank of America

The ITFA Middle East Regional Committee hosted its fourth Trade Finance Forum (TFF) in collaboration with the DIFC Academy on 29 September 2022.

TFG’s Deepesh Patel interviewed the new VP to learn what led her to BAFT, her view on fighting financial crime, and her insights into the progress made in the payments space.

Your Monday morning coffee briefing from TFG:
Bank of America will transition to recycled plastic for credit and debit cards beginning in 2023

Your Monday morning coffee briefing from TFG: COP26 gets underway, with a Denmark-led agreement on low-carbon shipping, and a UK emissions disclosure agreement in the making.

Baris Kalay, head of trade and supply chain finance for Europe, Middle East, and Africa (EMEA) at Bank of America, caught up with TFG’s Deepesh Patel at ITFA’s Annual Conference held in Bristol, England. 

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.

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 – 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.