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LONDON (Reuters) - U.S. bank Wells Fargo has joined the more than 60 banks worldwide that process currency transactions directly through the settlement systems run by U.S.-based lender CLS, the ...
A U.S. regulatory change to stock market transactions has financial infrastructure system CLS exploring delaying settlement instructions for foreign exchange trades, a move requested by foreign asset ...
Integrating China's yuan with global settlement system CLS will take years, despite a pressing need in the world's $5 trillion a day foreign exchange market, although the firm's Asia head says she ...
FX settlement system CLS may tweak deadline to avoid US equity market rule disruption. By Laura Matthews. September 26, 2023 8:31 PM UTC Updated September 26, 2023 Item 1 of 2 Saudi ...