CLS Services Appoints New CEO

PEOPLE NEWS

CLS Services, the private sector initiative designed to eliminate FX settlement risk by constructing a global clearing and settlement network, announced the appointment of a new chief executive last week. The move is expected to boost attempts by CLS to prevent further delays in delivery of its system to the 63 global foreign exchange settlement banks.

Joseph De Feo will succeed the present CEO of CLS, Larry Recknagel, on July 10. Mr Recknagel is leaving to pursue other, as yet unspecified,

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: