M/14/022 – BNP Paribas / Credit Suisse

Transaction details

The proposed acquisition by BNP Paribas Securities Services S.C.A of certain subsidiaries of Credit Suisse S.A. has been cleared by the Competition Authority.

Notification date Decision date
Thursday August 28, 2014 Friday, September 12, 2014
Parties Involved Business activities
BNP Paribas Securities Services S.C.A (Purchaser)

BNP Paribas Securities Services S.C.A is part of the BNP Paribas Group and is ultimately wholly-owned by BNP Paribas S.A. The BNP Paribas Group is a worldwide provider of banking and financial services.

Subsidiaries of Credit Suisse (Target)

The Target's services include global custody and fund administration services in Ireland and internationally.

Economic sector Media merger
Global Custody Services and Fund Administration Services. No
Submissions from third parties due by:
Phase 1 Phase 2
Monday, September 8, 2014
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Barry O'Donnell

Tel: 01-804 5396, e-mail: bod@tca.ie

Media enquiries: MKC Communications: 01 7038600

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