Credit Suisse makes referral arrangement with BNP Paribas


ZURICH (Reuters) – Credit Suisse has signed an agreement with BNP Paribas to support its Prime Services and Derivatives Clearing customers in their selection of alternative providers, the Swiss lender said on Monday.

The arrangement is intended to ensure a smooth migration of customers’ business in the context of the recently announced exit from Prime Services activities, Credit Suisse added.

(Reporting by John Revill, editing by Silke Koltrowitz)

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