Business Editors
KANSAS CITY, Mo.--(BUSINESS WIRE)--Jan. 22, 2001
Commerce Bank (NASDAQ: CBSH) announced today that it has expanded online foreign exchange services to commercial customers. Customers can access Commerce Bank's foreign exchange services including swap, forward
"As speed and convenience become increasingly important to business, Commerce continually looks for ways to provide value-added capabilities to our clients," commented Craig Stevenson, Senior Vice President and Manager of the International Department of Commerce Bank. "Bloomberg has created a transactions platform where 31 banks have come together, allowing customers more convenient access to foreign exchange information and rates. The platform provides the online ability to communicate directly with a foreign exchange specialist from Commerce for additional information or assistance."
To explore the site, customers need access to Bloomberg. From there, simply type, CBFX (go).
Bloomberg L.P. is a global, multi-media based distributor of information services, combining news, data and analysis for financial markets and businesses. Bloomberg provides real-time pricing, historical pricing, indicative data, analytics and electronic communications 24 hours a day through 148,200 BLOOMBERG PROFESSIONAL systems used by over 192,500 financial professionals in 100 countries. Bloomberg media includes television, radio, publishing and Internet operations worldwide.
Commerce Bank is an affiliate of Commerce Bancshares, Inc., a registered bank holding company with assets of $11.1 billion offering a full line of banking services, including investment management and securities brokerage. The Company currently operates in approximately 330 locations in Missouri, Illinois, and Kansas. The Company also has operating subsidiaries involved in mortgage banking, credit related insurance, venture capital, and real estate activities.
Stock symbol: CBSH
Website: www.commercebank.com
E-mail: mymoney@commercebank.com