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.

Featured Events
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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

Secretary of State for Wales Philadelphia Visit

On Tuesday, February 13, 2018 the BABCPHL welcomed the Secretary of State for Wales, the Right Honourable Alun Cairns for an official visit to Philadelphia. Mr. Cairns was joined by two Board of Trade Advisers: former Chairman of Cardiff Airport and Welsh Development Agency, Lord Rowe-Beddoe and the Chief of Staff for Manchester Airport Group, Collette Roche. This visit was part of a three-day trade mission to Pennsylvania, New York and New Jersey. The purpose of this trip was to attract American businesses to invest in Wales and build upon an already strong trading relationship between the two nations; the US is the UK’s largest trading partner.

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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