CLS Group Welcomes Wells Fargo as Newest Settlement Member
Posted: Wed Jun 22, 2016 1:35 pm
CLS Group (CLS), a provider of risk management and operational services, has announced its newest settlement member to its global constituency, adding leading investment venue, Wells Fargo, according to a CLS report.
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The addition of Wells Fargo builds upon a robust list that is already 64 strong, including a panel of membership banks in the foreign exchange market. Collectively, this group is responsible for the settlement of upwards of $5.0 trillion a day, making the overall membership one of the ... (read more)