26 July 2016
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Latest articles for CLS Bank International

 

Wells Fargo joins CLS as new settlement member

12 July 2016  |  1601 views  |  0 Company announcement

CLS Group (CLS), a leading provider of risk management and operational services for the global foreign exchange (FX) market, today announced that Wells Fargo has joined as a settlement member.

 

CLS names Alan Marquard as chief strategy and development officer

25 February 2016  |  872 views  |  0 Company announcement

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the appointment of Alan Marquard to lead CLS’s new Corporate Strategy and Development division.

 

Samsung Securities becomes first non-bank to settle on CLS system in South Korea

26 January 2016  |  1668 views  |  0 Company announcement

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the first non-bank financial institution (NBFI) to join the CLS system via third party access in South Korea.

 

CLS and Markit extend FX settlement to cross currency swaps

25 November 2015  |  1638 views  |  0 Company announcement

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, and Markit, a leading global provider of financial information services, today announced the launch of a new FX settlement service for the cross currency swaps market.

 

CLS adds Hungarian forint to settlement system

16 November 2015  |  1419 views  |  0 Company announcement

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, has started settling payment instructions in the Hungarian forint (HUF) on behalf of its settlement members, bringing to 18 the total number of currencies eligible for settlement through CLS.

 

FirstRand joins CLS as new settlement member

11 November 2015  |  1602 views  |  0 Company announcement

CLS Group (CLS), a leading provider of risk management and operational services for the global foreign exchange (FX) market, and FirstRand, one of South Africa’s largest financial institutions, today announced that FirstRand joined CLS as a settlement member.

 

CLS to develop settlement service for cleared FX products

03 August 2015  |  2821 views  |  0 Company announcement

CLS, the leading provider of settlement services for the global foreign exchange (FX) market, today announced that it is working with LCH.Clearnet, a leading global multi-asset clearing house, to develop a service to facilitate the settlement of cleared foreign exchange products.

 

EBA Clearing CEO Gilbert Lichter elected to CLS board

15 December 2014  |  3163 views  |  0 Company announcement

CLS Group (CLS), the global FX financial market infrastructure, announced that its shareholders elected Gilbert Lichter to serve as an Outside Director on the CLS Group Holdings Board of Directors, effective 1 January 2015.

 

CLS hires Zschach as chief information officer

31 July 2014  |  3816 views  |  0 News

FX risk reduction utility CLS has hired Tom Zschach as its new chief information officer, taking over the reins from former incumbent Sankar Aiyar, who unexpectedly quit the unit in March, midway through a major IT upgrade.

 

CLS wins legal battle in settlement 'patent' dispute

19 June 2014  |  4972 views  |  0 News

The US Supreme Court has found in favour of CLS Bank in a long-running patent dispute with Alice Corporation over the abstract notion of intermediated settlement.

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