In its history, CLS Bank has taken the risk out of foreign exchange transactions among its participants.
Each country whose currency is a CLS participant has to adopt laws recognizing the finality of settlement.
Jonathan Butterfield, the executive vice president, said CLS has been talking to governments and regulators about lessons learned.
For those unfamiliar with the EMS space players include Flextronics (FLEX), Celestica (CLS), Jabil (JBL), Benchmark Electronics (BHE) and Sanmina (SANM) among others.
This season, the 2012 CLS 63 AMG is stopping traffic, literally.
Shares of the contract manufacturers Flextronics (FLEX) and Celestica (CLS) are both gaining ground this morning following bullish comments by Collins Stewart analyst Louis Miscioscia.
Nikon's Creative Lighting System (CLS) supports advanced wireless lighting and creative flash shooting by controlling flash output independently for a master unit and a remote unit group.
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The new Nikon HD-SLR is also a gateway to Nikon's renowned Creative Lighting System (CLS) which illuminates a whole new world of creative image making using multiple Speedlights.
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The Mercedes-Benz CLS-Class was the first model of this ilk, with more recent additions including the Aston Martin Rapide, Volkswagen CC, Acura ZDX and BMW 5 Series Gran Turismo.
As global regulators look for ways to reduce risk, CLS Bank offers an interesting model, although one that shows how much thought, time, and determination is required across national boundaries.
Think baby CLS, according to a spokesperson for Mercedes-Benz.
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With new product launches such as the upcoming launch of new CLS this month, we expect Mercedez sales in China will continue to grow through the rest of the year, albeit at a slower pace than last year.
While the 2012 Audi A7 may not be as uncompromising sporty as a BMW 550i or carry the deeply chiseled exterior of a Mercedes-Benz CLS, it should appeal to a broad spectrum of luxury car buyers on the basis of its overall pleasing performance, tastefully attractive styling and broad array of cutting-edge amenities.
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