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Trade Finance Awaits A Boost From FinTech

PYMNTS

That means a slowdown in trade finance operations – and economic struggles aren’t the only factor behind this trend. “While there is a common perception that a weaker pound benefits exporters, our findings challenge this binary narrative,” said BFS managing director for foreign exchange, Michael McGowan.

Finance 50
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Transcript: Kenneth Tropin

Barry Ritholtz

RITHOLTZ: And those were Treasuries. That’s the foreign exchange markets, and to some extent, commodities. TROPIN: I mean, you know, there were equity hedge funds that were pretty levered, that had pretty highly concentrated, you know, growth bets, and a lot of technology companies and so on. TROPIN: Right.

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Transcript: Bill Dudley, NY Fed Chief

Barry Ritholtz

You get an economics PhD from California, Berkeley in 82, and around the same time you become an economist at the Federal Reserve Board from 81 to 83. When you write a check, you get check float, it takes time for the checks to come back to the hit the treasury account. Let, let’s talk a little bit about your background.