Citigroup Inc. has held talks with Banco Fomento de Angola about providing dollar and euro clearing services to the African nation’s second-largest bank, according to people familiar with the matter.

LCH continues to expand membership of CDSClear and its client clearing franchise with Bank of America the latest institution to go live as a clearing broker. Bank of America has cleared its first ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Asset management firms MEAG and Union Investment are clearing European ...

The FINANCIAL — Deutsche Bank was named “Best International Trade Finance Bank” for the third year in a row, and “Best Global (EUR and USD) Clearing Bank” in Asia Pacific for the sixth consecutive ...

Hana Bank has gone live as the first Korean bank to clear FX derivatives through the London Stock Exchange Group’s LCH ForexClear. LCH ForexClear said Societe Generale will act as Hana Bank’s clearing ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Founded by Anthony Watson, a former chief information officer ...

ICBC Turkey officially launched its renminbi clearing bank in Türkiye during a ceremony at Istanbul’s Çırağan Palace, an ...

Clearing bank to establish Singapore as Asean RMB gateway Singapore looks set to capture more renminbi business from Association of Southeast Asian Nations (Asean) corporates, as plans develop to ...

London is not planning on setting up its own renminbi clearing bank, Stuart Fraser, the policy chairman of the steering committee at the City of London Corporation, tells Asiamoney Plus, a sister ...

China plans to promote consumption and open up its bank card clearing market. This is the outcome of a State Council meeting chaired by Premier Li Keqiang on October 29, 2014. “All qualified domestic ...