Matheson advised Credit Suisse on Trading Floor opening



Tim Scanlon, head of corporate, and Joe Beashel, head of regulatory risk management
Tim Scanlon, head of corporate, and Joe Beashel, head of regulatory risk management

Matheson advised Credit Suisse ahead of the opening of the first Credit Suisse Trading Floor in Dublin yesterday.

Partners Tim Scanlon, head of corporate, and Joe Beashel, head of regulatory risk management, joined Taoiseach Enda Kenny and Government and Credit Suisse officials at the official opening yesterday.

Matheson advised Credit Suisse at every stage of the process, including its authorisation by the Central Bank of Ireland in December 2015. This was the first time that the Central Bank authorised a branch from outside the EU, in this case Switzerland.

The new branch will operate key parts of the Credit Suisse Prime Services business, which provides services to hedge funds, sovereign entities, banks, insurance companies and other financial institutions.

In a statement, Matheson said it was “delighted to have been able to assist in this important project”.

It added: “Assisting international financial institutions, such as Credit Suisse, establish in Ireland is a key strategic focus for Matheson.”

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