|The Jolly Contrarian’s Glossary |
The snippy guide to financial services lingo.™
The British Bankers’ Association (BBA) was a industry association for the UK banking and financial services sector, until LIBOR, which it published, laid it low. In July 2017 it merged into UK Finance.
No-one really knows what UK Finance is for or what it does (it doesn’t publish interbank rates, happily), but then again nor did they know that about the BBA. Except LIBOR, of course.