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Credit Suisse signs deal to refer prime brokerage clients to BNP Paribas

Credit Suisse has entered into a referral agreement to make it easier for its prime brokerage clients to transition to rival BNP Paribas as an alternative service provider. The referral agreement with BNP Paribas follows the Swiss lender’s decision to withdraw from prime broking and derivatives clearing in the aftermath of the Archegos scandal. “Credit Suisse will support affected customers…

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