EPISODE · Apr 19, 2024 · 6 MIN
The work of Clearsteam Banking
from Breakfast Business with Joe Lynam
Behind every giant financial transaction by well known banks, there are a slew of less well known companies which specialise in clearing funds or minding securities such as stocks or bonds on behalf of their clients. Clearstream is one of them.It settles translations all over the world and is the plumbing of the financial system. Based in Luxembourg, Clearstream has almost 700 people working in Cork and Philip Brown is the CEO Clearstream Banking.
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The work of Clearsteam Banking
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