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For example, Wells Fargo and Bank of America are giants in this space. Commercial Banks: These cater to businesses, providing loans, treasury, and cash management services. InvestmentBanks: Institutions like Goldman Sachs and J.P. The profit-making strategies differ across these banks.
For more information on the various providers in the EMS market, check out The TRADE’s annual survey. Bloomberg Terminal Up next and needing little introduction is the Bloomberg Terminal, Bloomberg’s data and proprietarytrading platform. CLS Coming in at number three is the multi-currency settlement system, CLS.
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