Member Views

United Overseas Bank

BWC welcomes new organizational member United Overseas Bank, the third largest bank in Southeast Asia. UOB provides commercial, corporate, and personal banking services; private banking and asset management services; and corporate finance, venture capital, investment, and insurance services.

They are headquartered in Singapore and operate throughout nineteen countries in Asia, Europe, and North America.

Unpacking China’s 2024 growth target and economic agenda

BWC is pleased to Member Spotlight a recent article by Hung Tran featured in the Atlantic Council. Hung provides an analysis of Premier Li Quang's Government Work Report presented at the fourteenth National People’s Congress (NPC) in China, outlining key economic targets and priorities set for 2024.

US Calls for IMF Quota Reform to Support Vulnerable Nations

BWC member Hung Tran in Bloomberg:

"The move underscores US efforts to use the Washington-based institutions to counter China’s influence..."

“'This is... effort by the Biden administration to get traction, influence and friends in the Global South...'”

US must strengthen IMF at February G20 meeting

G20 finance ministers and central bank governors gather on 17-18 February for their first meeting of the year under the Indonesian presidency. Amid high-profile topics including global macro discussions about inflation, key issues beneath the surface could challenge the International Monetary Fund’s global leadership role.

US Treasury Market Resilience and Central Clearing

BWC member Samim Ghamami writes in a piece called US Treasury Market Resilience and Central Clearing that "under robust capital regulation, governance, and risk management frameworks, central counterparties may reduce risks to the stability of the Treasury market."

The views and opinions expressed by our members and leadership do not necessarily reflect or represent those of the Bretton Woods Committee or our membership as a whole.

US Treasury’s IMF Worldview:  Multilateralism, More Macroeconomics, Domestic Realities

19th St. and the rest of the world may not be fully pleased*

US-China Business Council VP says there’s a 50/50 chance a trade deal will done

“I think there's at least a 50/50 possibility of it at this point,” U.S.-China Business Council VP Erin Ennis told Fox Business’ “Countdown to the Closing Bell Opens a New Window. ” on Tuesday.

Venezuela Is in a Humanitarian Crisis

William R. Rhodes, Bretton Woods Committee Advisory Council Member and Global Advisors CEO, says Venezuela is in the midst of a health crisis. He speaks on "Bloomberg Markets." (Source: Bloomberg)

Video: The switch to natural gas is a half-way solution before we have more reliable renewable options

Jason Schenker, president of Prestige Economics, discusses concerns for high natural gas prices amid news that Russia plans to fill its European storage sites starting next month and U.S. natural gas storage data numbers that came out today. Schenker says that supply is a concern as global moves away from coal are adding pressure to the market. He says that from a supply standpoint North America is much more secure in natural gas accessibility than Europe.

Virtual Cash Will Survive the Crypto Winter

The Bretton Woods Committee is proud to Member Spotlight BWC Chair William C. Dudley who recently authored a Bloomberg article on the capacity of CBDCs to make the financial system more useful to greater numbers of people and the need for international standard-setting.

“I believe they [CBDCs] still have ample potential to fulfil the promise of a more efficient and inclusive financial world. But their impact will likely be more evolutionary than revolutionary. CBDCs are coming, because they represent a big upgrade over money as we know it," said Dudley.