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The Caribbean has made one of its strongest cases yet to a global superpower over the vexing issue of derisking and  the quickly disappearing access to correspondent banking services. The situation poses a grave threat to our small and vulnerable economies.In a historic presentation to the United States House Committee on Financial Services led by chairwoman Maxine Waters, the regional representatives convincingly argued their case and succeeded in putting a human face to what has become a burgeoning crisis.Prime Minister Mia Mottley is fittingly being praised for giving leadership to the iss...

Prime Minister Mia Mottley will on Wednesday present a case for authorities in Washington to take decisive action to fix the damage caused to Caribbean economies by the loss of correspondent banking.In a historic appearance before the full committee of the United States House Committee on Financial Services, Mottley will become the first Prime Minister in near four decades to testify before the American Congress at a hearing entitled, When Banks Leave: The Impact of De-Risking on the Caribbean and Strategies for Ensuring Financial Access.The hearing stems from The Roundtable Discussion on De-R...

FIBA elects new officers and Board of Directors USA - English Share this article Share this article MIAMI, Dec. 21, 2020 /PRNewswire/ -- The Florida International Bankers Association (FIBA) has announced its new slate of Officers and Board of Directors. The elected Chairperson for the 2021 – 2022 term is Michelle Fernandez, Managing SVP Head of Compliance of Bci Miami Branch accompanied by Vice-chairs: Andres Fernandez, Partner - Holland & Knight and Wayne Shah, SVP Global Financial Institutions - Wells Fargo; Vice-chair & Secretary: Dilian Schultz, Senior Vice President, Corporate Lending...