Through the BABC, members have the opportunity to develop valuable business contacts within the British American community and to exchange ideas and information with a cross section of business, trade and governmental interests.

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Club Level Highlight

Club Level Feature

TD Securities
Libor: An Inconvenient Truth

In recent months the future of Libor has been the subject of intense debate. While the topic has been intermittently discussed since the financial crisis, when it became clear that Libor fixings were not in line with bank funding conditions, the debate has sharply intensified in recent months. July remarks by Andrew Bailey of the Financial Conduct Authority (FCA) — the regulator of Libor — jolted the market and spurred many participants into taking the transition away from Libor more seriously.

Libor is a public good…until 2021
The FCA has regulated Libor since 2013 and has made significant improvements to the rate through its administrator, ICE Benchmark Administration (IBA).

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Recent News

A Musical Adventure in the British Isles Recap

On Thursday, January 18, 2018, the BABCPHL partnered with the Philadelphia Orchestra on a very special event in honor of the Orchestra’s three-week British Isles’ concert series. More than 30 BABCPHL members and friends gathered at the Kimmel Center for a VIP behind the scenes tour; a meet and greet with Philadelphia Orchestra musicians; and reserved seats for the concert.

Geoff Cohen, Associate Director of Audience Development for the Philadelphia Orchestra welcomed BABCPHL guests and led our group through an informative discussion and tour of the awe inspiring building, built to ensure sound quality. Our group stood on the Verizon Hall stage at three different points throughout the evening. We also explored behind the stage where we saw the microphones, instruments, shipping containers, offices, and dressing rooms.

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The BABCPHL recognizes our Club Level Members:

  • American Airlines
  • Bartlett
  • Cigna
  • Deloitte
  • Drinker Biddle & Reath LLP
  • Duane Morris
  • Ernst & Young
  • HSBC
  • KPMG
  • McConnell Johnson Real Estate
  • Morgan Lewis
  • Law Firm of Pepper Hamilton
  • PriceWaterhouseCoopers
  • TD Bank
  • United Airlines
  • Virgin Atlantic