Infrastructure
Deutsche Bank reveals role in providing 9/11 liquidity
PARIS -- Michael Reuther, global head of funding at Deutsche Bank, revealed last week how the European Central Bank and the Federal Reserve Bank of New York created an emergency E50 billion 'synthetic' liquidity facility in the wake of last year's World…
CLS reaches $1 trillion volume
The CLS Group last week announced that it has settled payments instructions of more than $1 trillion in value since its September 9 launch.
Options business booming
Growing client sophistication prompts banks to expand in derivatives
ABN Amro scores CLS coup
AMSTERDAM -- ABN Amro Bank announced three clients for its third-party Continuous Linked Settlement (CLS) service last week, scoring a coup in the highly competitive market.