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Switzerland’s SIX Agrees To Take Over Germany’s Swiss Euro Clearing Bank

September 04, 2018
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Switzerland’s SIX Agrees To Take Over Germany’s Swiss Euro Clearing Bank

September 04, 2018
Switzerland’s SIX announced that it is increasing its stake in Germany’s Swiss Euro Clearing Bank GmbH (SECB) from 25 percent to 100 percent. SECB is a commercial bank with the primary purpose of providing the connection for banks and financial institutions to the main euro clearing systems, as well as to process payment transactions in euros […]