Credit Suisse is pleased to announce that it has signed a referral agreement with BNP Paribas to support its Prime Services and Derivatives Clearing customers in their selection of alternative providers for such services, in order to ensure a smooth migration of their business, in the context of the recently announced exit from Prime Services activities.

Credit Suisse will support affected customers as they select alternative Prime Services providers of their choice. Should customers seek to benefit from the referral agreement between Credit Suisse and BNP Paribas, there will be a streamlined process in place to facilitate them obtaining Prime Services from BNP Paribas, under its terms.

Source: Credit Suisse