CLS welcomes Tokio Marine Holdings group cos to CLSSettlement
Tokio Marine & Nichido Life Insurance and Nisshin Fire & Marine Insurance indirectly access CLSSettlement as third-party participants.
CLS
CLS adds three clients to its cross currency swaps service
Barclays, CLS, Danske Bank, featured
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Three settlement members, including Barclays Bank and Danske Bank, have enrolled in CLS’s cross currency swaps (CCS) settlement service.
Deutsche Bank goes live on CLS’s bilateral netting calculation service, CLSNet
CLS, CLSNet, Deutsche Bank, featured
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With the addition of Deutsche Bank, the CLSNet community now includes eight of the top 12 global banks.
CLS announces appointment of six new members to its Board of Directors
CLS announced that six new members were appointed to its Board of Directors at the CLS Annual General Meeting on 6 June 2023.
CLS welcomes Bangkok Bank to CLSSettlement
Bangkok Bank, CLS, CLSSettlement, featured
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CLS announces that Bangkok Bank Hong Kong Branch is the first Thai bank to access CLSSettlement as a third-party participant.
MUFG Bank becomes first Japanese bank to commit to using CLSNet
CLS, CLSNet, MUFG Bank
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MUFG Bank is the first Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service.
First Abu Dhabi Bank, UBS go live on CLSNet
CLS, CLSNet, featured, First Abu Dhabi Bank, UBS
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First Abu Dhabi Bank (FAB) and UBS have gone live on CLS’s bilateral payment netting calculation service for over 120 currencies – CLSNet.
CLS registers record CLSNet average daily notional of net calculations in August 2022
CLS, CLSNet, featured
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In August 2022, CLS saw a record USD100 billion in the average daily notional of net calculations in CLSNet.
Chong Hing Bank to access CLSSettlement as third-party participant
Chong Hing Bank, CLS, CLSSettlement, featured
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CLS announces that Chong Hing Bank is the second Chinese bank to access CLSSettlement as a third-party participant via UBS.
RBC goes live on CLS’s FX settlement service CLSNow
CLS, CLSNow, featured, Royal Bank of Canada
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CLSNow allows CLS’s settlement members to mitigate the loss of principal and other elements of settlement risk for same-day trades.
