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Addressing the Financing Needs of Midsize Banks – Richard Sandor, AFX

Started at the end of 2015 to address the interbank funding needs of small and midsize banks, the American Financial Exchange (AFX) just welcomed its 80th member, bringing its clients’ assets to more than $1 trillion.  

In this video from JLN’s annual series with industry leaders, AFX CEO and Chairman Richard “Doc” Sandor talks about American economic recovery as it relates to bank funding needs, seeking more nonbank lenders and potential derivatives that could be launched on AFX’s products once the exchange hits $1 billion in daily transactions, which Sandor considers critical mass.

Produced by Mike Forrester
Interview by Jim Kharouf

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Graduate of University of Minnesota School of Journalism and Mass Communication