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CLS onboards BofA for CCS service

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Bank of America has gone live on CLS’s cross-currency swaps (CCS) service as FX market turnover grows. According to the Bank of International Settlements, daily...

Barclays Bank adopts CLS’s CCS service

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Barclays Bank has gone live on CLS’s cross currency swaps (CCS) service. The CCS service, an extension of the CLSSettlement payment-versus-payment settlement solution, mitigates settlement...

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