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BNP BNP Paribas

69.60
1.37 (2.01%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BNP Paribas EU:BNP Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.37 2.01% 69.60 69.27 69.70 69.74 68.69 68.69 2,449,417 16:40:00

Credit Suisse Agrees to Refer Prime Brokerage Clients to BNP Paribas

08/11/2021 10:22am

Dow Jones News


BNP Paribas (EU:BNP)
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From May 2021 to May 2024

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   By Cristina Roca 
 

Credit Suisse Group AG said Monday that it has struck an agreement to refer its prime brokerage clients to France's BNP Paribas SA.

The Swiss lender's prime services and derivatives clearing customers will have to choose different providers after Credit Suisse laid out plans last week to exit most of its prime brokerage activities and dial down risk.

The agreement with BNP Paribas will ensure a streamlined process for customers who choose to take their business there, Credit Suisse said.

BNP Paribas confirmed the agreement separately. Financial details weren't disclosed.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

November 08, 2021 05:07 ET (10:07 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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