Product Launch · PAD/ACH & Bank Rails · 2021

Bank of London launches as UK clearing bank

Bank of London launched product launch on December 3, 2021.

Primary
Bank of London
Structure
product launch
Date
December 3, 2021
Sub-sector
PAD/ACH & Bank Rails

Bank of London launched as a clearing and settlement bank with $1.1B valuation, becoming the 6th major UK clearing bank.

Primary company
Bank of London
Counterparty
Not disclosed
Amount
Not disclosed
Event date
December 3, 2021
HQ
Not disclosed
Structure
product launch
Source published
December 3, 2021
Publisher
PR Newswire

Source: prnewswire.com