Lloyds and Swedbank have become the latest shareholders of CLS, which brings the total number to 72 shareholders.
The latest announcement follows the arrival of Santander, which in December became the 61st settlement member. CLS say that both Lloyds and Swedbank have been third-party customers of CLS for a number of years and plan to become direct settlement members in due course.
Alan Bozian, CEO and president of CLS, says: “We are delighted to welcome both Lloyds Banking Group and Swedbank to our enlarged shareholder group.
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