JetBlue Airways Corp has appointed James Leddy to the position of senior vice president (SVP) treasurer, effectively immediately. In this role, he will be responsible for traditional treasury functions, as well as risk, credit card services, commercial real estate and supply chain.
Leddy will report to Mark Powers, the airline’s executive vice president (EVP) and chief financial officer (CFO) and will lead the design and execution of the financial strategy that supports and is aligned with JetBlue’s corporate strategy.
He was previously SVP of treasury and cash management at NBC Universal. Prior to that, he held leadership positions at General Electric, Measurisk and the Industrial Bank of Japan. Leddy received his MBA in finance and management of technology from The University of Connecticut and holds a Bachelors Degree in Economics from Fordham University.
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.