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BNY Mellon appointed successor depositary for Credit Suisse ADR programme

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BNY Mellon has been appointed by Credit Suisse as the successor depositary bank for its American depositary receipt (ADR) programme.

Each ADR represents one share of Credit Suisse and will continue to trade on the NYSE under the symbol CS.
 
Credit Suisse is a global private bank and wealth manager with investment banking capabilities. It provides advisory services, solutions and products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland.
 
“Global financial services companies are among the best positioned issuers to determine a depositary bank’s service quality,” says Christopher M Kearns (pictured), CEO of BNY Mellon’s depositary receipt business. “Credit Suisse’s successor appointment of BNY Mellon is a testament to our people, our level of service, and our commitment to this business. We look forward to working with Credit Suisse’s investor relations team to further expand their US investor outreach efforts.”
 
BNY Mellon acts as depositary for more than 2,600 American and global depositary receipt programmes as of 30 September 2016. 

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