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Foreign Exchange

International cash management review 2010: The banking clubs

The 2010 survey of the banking clubs shows considerable variation in the number of member banks and country coverage, as shown in Table 7 (click here to see Table 7: Banking Clubs, January 2010) . Connector now reports all its member banks individually rather than collectively as bank groups, which explains why the number of Connector bank members has increased so significantly over the past 12 months, from 15 to 46. It has also added several new member banks, which has increased the number of countries covered by Connector from 34 to 43. Connector is working on a new product development in euro pooling.

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