London 26 September 2018 – BNP Paribas today unveils Markets 360, its rebranded and reorganised research platform which will go live this month.
Markets 360 – so called because it provides a 360⁰ view of the market across all asset classes, around the world – will provide clients with the following:
- Event-driven content: delivering commentaries based on events and market movements to clients
- In-depth thematic notes: bringing economic and strategy notes together to provide both fundamental and market views, across asset-classes
- Advanced navigation: Interactive Global Trade Tool (iGT2) enabling clients to visualise US trade balance data by country and product
The new platform is formed of four core areas:
- Emerging Markets (EM)
- Global Macro (encompassing developed markets & China Economics, FX, Equity Derivatives and Rates Strategy)
- Macro Quantitative & Derivative Strategy
- Credit Strategy & Desk Analysts.
BNP Paribas also announces the following new roles in Markets 360, effective immediately:
- Olivia Frieser, formerly head of Global Markets Research, is appointed Global Head of Markets 360.
- Marcelo Carvalho, formerly Head of Latin America Economic Research, is appointed Head of Global Emerging Markets Research, reporting to Olivia Frieser. He will be based in London.
- Michael Sneyd, formerly Global Head of FX Strategy, is appointed Head of Macro Quantitative & Derivatives Strategy, reporting to Olivia Frieser and Joe Bonnaud, Global Head of Quantitative Research. He will be based in London.
- José Carlos de Faria is appointed Head of Latin America Economic Research, based in São Paulo. José joins from Deutsche Bank where he served as Chief Brazil Economist.
- Gabriel Gersztein is appointed Head of Global Emerging Markets Strategy, based in São Paulo.
Both José Carlos and Gabriel will report to Marcelo Carvalho and to Ricardo Guimaraes, Head of Global Markets Latin America & Brazil.
Olivia Frieser, Global Head of Markets 360, said: “The launch of Markets 360 reaffirms our commitment to delivering market-leading research to clients in the most integrated and holistic way possible. In today’s MiFID II environment, Markets 360 is also about how we leverage and deploy our own talent.”
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Press Contacts
Alexandra Umpleby alexandra.umpleby@uk.bnpparibas.com +44 (0)20 7595 2436
Sarisher Mann sarisher.mann@uk.bnpparibas.com +44 (0)20 7595 8150
Simon Danaher simon.danaher@uk.bnpparibas.com +44 (0)20 7595 9108
BNP Paribas CIB on Twitter – @BNPParibasCIB
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas employs more than 9,000 people across 10 business lines in the UK. These include Corporate & Institutional Banking, Exane BNP Paribas, Leasing Solutions, Arval, Real Estate (including Strutt & Parker acquired in September 2017), Asset Management, Cardif Pinnacle, Commercial Finance, Personal Finance and Vauxhall Finance. Around half of its employees are in Corporate & Institutional Banking, based in London, while the others are based in various offices across the country, including Belfast, Birmingham, Cardiff, Glasgow, Manchester.
LONDON, 16 August 2018 – BNP Paribas today announced that Viktor Hjort has been appointed Global Head of Credit Strategy & Desk Analysts, effective immediately. Viktor will report jointly to Arne Groes, Global Head of Primary & Credit Markets and Olivia Frieser, Global Head of Research, Global Markets and will be based in London.
Viktor joins BNP Paribas from Brevan Howard, where he served as Chief Global Credit Strategist. Previously he spent 15 years covering credit strategy at Morgan Stanley, initially based in London before serving as Head of Asia Fixed Income Research & Credit Strategy in Hong Kong.
Arne Groes, Global Head of Primary & Credit Markets, BNP Paribas said:
“We are delighted to welcome Viktor to BNP Paribas. In this role, he will be responsible for managing the credit strategists and desk analysts, as well as strengthening BNP Paribas’ credit franchise. Viktor brings with him insight and perspective as well as strong leadership, analysis expertise and technical knowledge. We look forward to working together in continuing to deliver leading solutions to our clients.”
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Press contacts
Alexandra Umpleby +44 20 75 95 2436 alexandra.umpleby@uk.bnpparibas.com
Sarisher Mann +44 20 75 95 8150 sarisher.mann@uk.bnpparibas.com
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas employs more than 9,000 people across 10 business lines in the UK. These include Corporate & Institutional Banking, Exane BNP Paribas, Leasing Solutions, Arval, Real Estate (including Strutt & Parker acquired in September 2017), Asset Management, Cardif Pinnacle, Commercial Finance, Personal Finance and Vauxhall Finance. Around half of its employees are in Corporate & Institutional Banking, based in London, while the others are based in various offices across the country, including Belfast, Birmingham, Cardiff, Glasgow, Manchester.
London, Paris – 12th July 2018 BNP Paribas is the world’s best bank for Sustainable Finance according to the Euromoney Awards for Excellence 2018.
In granting this award, Euromoney underlined the significant steps taken by BNP Paribas aimed at having a positive impact on society.
Helen Avery, Sustainable Finance Editor, Euromoney said: “BNP Paribas has committed itself to sustainable finance in a way that is unmatched in the sector. By turning down deals and pulling out of sectors that are not sustainable, as well as driving new sustainable finance initiatives across all of its businesses.”
In particular Euromoney highlighted the Group’s decision to cease financing of oil and gas from shale and oil from tar sands, and its decision to cease financing and investment activities of tobacco companies. At the end of 2017, BNP Paribas had allocated 155bn euros towards financing projects which contribute directly to the achievement of the United Nations Sustainable Development Goals.
Jean Laurent Bonnafe, CEO, BNP Paribas said:
“We are delighted to be recognised by Euromoney in their annual awards for excellence. At BNP Paribas, we put sustainable finance at the heart of our business model. We believe banks have a crucial role to play, leveraging our place at the centre of the economy, in order to bring together individuals, businesses and investors to channel resources towards projects which address the major social and environmental challenges facing society.”
“I would like to thank our clients and partners who entrust us with their projects and who have challenged us to provide new solutions as they also seek more sustainable models. And I would like to thank our staff who are passionate about having a positive impact in their work and have been a key driver in the bank’s focus on environmental and social issues.”
BNP Paribas was also recognised in the following categories:
• Best Bank for Sustainable Finance, Western Europe
• Best Bank, Luxemburg
• Best Investment Bank, France
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Press contacts
Alexandra Umpleby – +44 20 7595 2436 – Alexandra.umpleby@uk.bnpparibas.com
Coralie France-Savin – +33 (0)1 40 14 94 89 – coralie.francesavin@bnpparibas.com
Claire Helleputte – +33 (0)1 55 77 89 63 – claire.helleputte@bnpparibas.com
Notes to Editors
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas employs more than 9,000 people across 10 business lines in the UK. These include Corporate & Institutional Banking, Exane BNP Paribas, Leasing Solutions, Arval, Real Estate (including Strutt & Parker acquired in September 2017), Asset Management, Cardif Pinnacle, Commercial Finance, Personal Finance and Vauxhall Finance. Around half of its employees are in Corporate & Institutional Banking, based in London, while the others are based in various offices across the country, including Belfast, Birmingham, Cardiff, Glasgow, Manchester.
About Euromoney
For almost 50 years, Euromoney has been the leading publication for covering the growth of international finance. Over the last 12 months, its coverage has included interviews with close to 100 bank CEOs, ministers of finance and central bank governors around the world. Euromoney’s Awards for Excellence are the awards that matter to the banks and bankers who matter. They were established in 1992 and were the first of their kind in the global banking industry. This year, Euromoney received almost 1,500 submissions from banks in an awards programme that covers 20 global awards, more than 50 regional awards, and best bank awards in close to 100 countries.
London, UK – 05 July 2018 – BNP Paribas Corporate & Institutional Banking today announced that it has appointed Paul Hollingsworth as UK Economist, effective immediately. Based in London, Paul is responsible for covering the UK economy and reports to Luigi Speranza, Head of European Economics, BNP Paribas.
Paul joins from Capital Economics where he was a Senior UK Economist, with responsibility for macroeconomic analysis of the UK economy. Previously he covered emerging market economies, global financial markets and Europe at Capital Economics. Prior to joining Capital Economics in 2012, he worked in the macroeconomic analysis team at HM Treasury.
Luigi Speranza, Head of European Economics, BNP Paribas said: “Paul is a notable addition to our team. His UK experience will be invaluable in broadening and strengthening our Global Markets Research franchise”.
Olivia Frieser, Global Head of Research, Global Markets BNP Paribas said: “BNP Paribas is expanding its research offering globally, aligning with the digital and sustainability needs of the future and Paul is an important hire for us. The continued evolution of our research platform amplifies BNP Paribas’ commitment to delivering market-leading insights to our clients.”
BNP Paribas Global Markets Research and Strategy team produces comprehensive market views, strategy, trade ideas and analysis across regions, asset classes and sectors. The team covers economics, commodities, credit, emerging markets, equity derivatives, FX, G10 rates and cross-asset strategy.
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Press contacts
Alexandra Umpleby +44 20 75 95 2436 alexandra.umpleby@uk.bnpparibas.com
Sarisher Mann +44 20 75 95 8150 sarisher.mann@uk.bnpparibas.com
Andrew Achimu +44 20 75 95 6647 andrew.achimu@uk.bnpparibas.com
Notes to Editors
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas employs more than 9,000 people across 10 business lines in the UK. These include Corporate & Institutional Banking, Exane BNP Paribas, Leasing Solutions, Arval, Real Estate (including Strutt & Parker acquired in September 2017), Asset Management, Cardif Pinnacle, Commercial Finance, Personal Finance and Vauxhall Finance. Around half of its employees are in Corporate & Institutional Banking, based in London, while the others are based in various offices across the country, including Belfast, Birmingham, Cardiff, Glasgow, Manchester.
London, New York – 4 July 2018 BNP Paribas is pleased to announce that Adrian Boehler, Global Co-Head of FX Local Markets & Commodity Derivatives BNP Paribas, has been nominated and elected Co Vice-Chair of the Global Foreign Exchange Committee (GFXC) in addition to his existing responsibilities at BNP Paribas. The GFXC was established in 2017 to bring together central banks and the private sector in order to promote a robust, liquid, open, and appropriately transparent FX market worldwide.
The GFXC also announced the appointments of:
- Simon Potter, Chair of the GFXC and Executive Vice President of the Federal Reserve Bank of New York
- Akira Hoshino, Co Vice Chair of the GFXC and Senior Fellow and Managing Director, Head of Global Markets Trading at MUFG Bank
Simon Potter, Executive Vice President of the Federal Reserve Bank of New York and Chair of the GFXC said:
“It is a true honor to have the opportunity to lead the GFXC. The GFXC made a great deal of progress in its first year, and I would like to thank my predecessors and the newly elected Co-Vice Chairs for their commitment and support. I look forward to continuing the committee’s important work in the year ahead, in ongoing close cooperation with the local foreign exchange committees as exemplified by the discussion today.”
Adrian Boehler, Global Co-Head of FXLM BNP Paribas and Vice Chair of GFXC said:
“The new leadership structure will enhance the GFXC’s outreach across diverse Market Participants in the industry. I look forward to working with Simon and Akira.”
Akira Hoshino, Senior Fellow and Managing Director, Head of Global Markets Trading at MUFG Bank and Co Vice Chair of the GFXC said:
“I am pleased to join my colleagues in promoting the adoption and integration of the Code across global FX Market Participants.”
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Notes to Editors
For the press release from the GFXC:
https://www.globalfxc.org/press/p180627.htm
For additional details on the GFXC and the FX Global Code
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
26 June 2018 – London, UK – L&Q, a UK regulated charitable housing association which provides accommodation for more than 250,000 people primarily across London and the South East, today announced that it has secured a new five year, GBP100m credit facility from BNP Paribas. The loan complements L&Q’s existing £5bn funding arrangements and will enable it to continue building quality, affordable homes for the most vulnerable in society.
Uniquely, the facility is structured as a positive incentive loan whose interest rate is tied to L&Q meeting certain social impact key performance indicators. Through its Independent Lives programme, L&Q undertakes capacity building by working directly with its residents and others in the wider community to develop their employability skills and find appropriate and sustainable jobs. Under the terms of the agreement, L&Q will benefit from an undisclosed discount on the margin of the loan if it succeeds in getting at least 600 unemployed residents back into work in the first year, rising by an additional 25 residents in each subsequent year.
The loan also includes an option to extend the term by two additional years, as well as the possibility of adding an environmental key performance indicator later in the life of the facility. This will supplement the existing discount available to L&Q if it meets the social impact target.
Waqar Ahmed, Group Finance Director at L&Q, said: “Everything that L&Q does begins with social purpose, and we believe that no one should be denied the opportunity to achieve their potential because of where they live.
“Through the L&Q Foundation we are investing £250 million to transform communities and help people lead independent lives. By forging strong relationships with partners, we are able to deliver even greater charitable outcomes.
“BNP Paribas is exactly the sort of partner we are looking for, and we are delighted to have completed this ground-breaking deal with them. The team at BNP Paribas share our sense of social purpose, and our combined vision is going to help hundreds more people into employment every year.”
In February 2017, BNP Paribas announced a new corporate social responsibility policy, designed to create a positive impact in society. By extending loans to corporates and developing sustainable investment products, the bank aims to contribute to the United Nations’ Sustainable Development Goals.
Simon Gates, UK Head of Corporate Coverage and Transaction Banking at BNP Paribas, said: “We are pleased to have closed this transaction with L&Q. It is the result of close collaboration to conceptualise and structure what represents a landmark deal for sustainable finance in the UK: to our knowledge, this is the first ever UK housing association loan that incorporates a concrete, positive impact metric.
“L&Q will be assessed on the actual impact realised in the community in terms of helping residents back to work. We think this is a watershed moment and we are honoured to support L&Q as it continues its essential work of building affordable, high-quality homes.”
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Notes to editors
About L&Q
L&Q is a regulated charitable housing association and one of the UK’s most successful independent social businesses. The L&Q Group houses around 250,000 people in more than 95,000 homes, primarily across London and the South East. L&Q’s vision is that everyone has a quality home they can afford, and we combine our social purpose with commercial drive to create homes and neighbourhoods everyone can be proud of. Our core tenure is social rented housing. On average, our residents living in these homes pay less than 50% of market rents, making them genuinely affordable for people on lower incomes.
We focus on the needs of our existing social housing residents by investing in their homes, local communities and services. We also create high quality homes for private rent, shared ownership and outright sale. In response to the housing and affordability crisis, we will build 100,000 new homes over ten years. Of these, 60,000 homes will be built or funded by L&Q, whilst a further 40,000 will come through partnerships. Crucially, at least 50% of these new homes will be genuinely affordable, with a target of 60% in London.
As a charitable organisation, our role goes beyond providing homes and housing services. We are a long-term partner in the neighbourhoods where we work. We hope to build aspiration, opportunity and confidence in our communities through our £250 million L&Q Foundation and our skills academy. Our care and support subsidiary, L&Q Living, also offers housing and other assistance to meet the evolving needs of older and vulnerable people in our society.
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas employs more than 9,000 people across 10 business lines in the UK. These include Corporate & Institutional Banking, Exane BNP Paribas, Leasing Solutions, Arval, Real Estate (including Strutt & Parker acquired in September 2017), Asset Management, Cardif Pinnacle, Commercial Finance, Personal Finance and Vauxhall Finance. Around half of its employees are in Corporate & Institutional Banking, based in London, while the others are based in various offices across the country, including Belfast, Birmingham, Cardiff, Glasgow, Manchester.
Media contacts
| James Howell | JHowell@lqgroup.org.uk | + 44 (0)7921 361 856 |
| Andrew Achimu | andrew.achimu@uk.bnpparibas.com | + 44 (0)207 595 6647 |
London, UK – 22 June 2018 – BNP Paribas today announces it is supporting Great Ormond Street Hospital Children’s Charity (GOSH Charity) with the ‘Aces From The Heart’ initiative at this year’s Fever-Tree Championships at The Queen’s Club.
Aces From The Heart is a BNP Paribas group led programme to support children in hospital. For every ace served on Centre Court throughout the tennis tournament, BNP Paribas in the UK is donating £50 to GOSH Charity to help fund specialist equipment for the hospital’s surgical theatres.
Anne Marie Verstraeten, UK Country Head, BNP Paribas said:
“‘Aces From The Heart’ is born from BNP Paribas’ passion for tennis as well as our commitment to make a positive impact on society. We are pleased to be supporting GOSH Charity this year and are looking forward to welcoming GOSH families to enjoy what we hope will be a fun and memorable day at the tennis on Saturday.”
Amit Aggarwal, Director of Corporate Partnerships at GOSH Charity added:
“We’re incredibly grateful for BNP Paribas’ support at the Fever-Tree Championships at The Queen’s Club. Aces From The Heart will make a real difference to the lives of young patients by funding new specialist surgical equipment at Great Ormond Street Hospital.”
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Press contacts
Alexandra Umpleby +44 20 75 95 2436 alexandra.umpleby@uk.bnpparibas.com
Sarisher Mann +44 20 75 95 8150 sarisher.mann@uk.bnpparibas.com
About Great Ormond Street Hospital and Great Ormond Street Hospital Children’s Charity:
Great Ormond Street Hospital is one of the world’s leading children’s hospitals with the broadest range of dedicated, children’s healthcare specialists under one roof in the UK. The hospital’s pioneering research and treatment gives hope to children from across the UK with the rarest, most complex and often life-threatening conditions. Our patients and families are central to everything we do – from the moment they come through the door and for as long as they need us. Great Ormond Street Hospital Children’s Charity needs to raise money to support the hospital to give seriously ill children, the best chance for life. The charity funds research into pioneering new treatments for children, provides the most up to date medical equipment, funds support services for children and their families and supports the essential rebuilding and refurbishment of the hospital. You can help us to provide world class care for our patients and families. For more information visit www.gosh.org
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
About BNP Paribas UK CSR
Launched in September 2015 by the UN, the Sustainable Development Goals (SDGs) aim to end poverty by 2030 while protecting our planet’s environment. As a global company and Bank, BNP Paribas has a key role to play in this collective effort. The bank’s Corporate Social Responsibility (CSR) approach allows it to take part in building a sustainable future while promoting the Group’s performance and stability. BNP Paribas Group has committed to becoming carbon neutral by the end of 2017, and has also allocated €15 billion by 2020 to renewable energy financing.
BNP Paribas UK has launched a ‘What’s my Impact’ initiative. This is an engagement and awareness programme linked to the UN SDGs, and highlights how the bank, and its employees can help to achieve the SDGs.
About BNP Paribas Tennis
As one of the world’s leading banking and financial services groups, BNP Paribas is proud to be an Official Sponsor of British Tennis. Throughout the world, for over 40 years, the bank has come to support tennis at all levels. From Grand Slams and International team events through to wheelchair tennis and grass roots, BNP Paribas has built up an association with tennis that embodies its own values of commitment, ambition and responsiveness.
BNP Paribas provides support to tennis across the United Kingdom through sponsorship of the Lawn Tennis Association.
4th June 2018 – Fidessa group plc (LSE: FDSA) and BNP Paribas have entered into a partnership through which the bank will provide its buy-side clients with access to Fidessa’s award-winning futures and options workstation.
BNP Paribas originally implemented Fidessa’s derivatives trading platform in 2016 to support its global futures and options trading operations from hubs in Chicago, London and Hong Kong. Under this new agreement, BNP Paribas will distribute Fidessa’s derivatives trading platform, branded Cortex Listed, to its institutional clients across all regions, providing them with fully-hosted execution capabilities. In addition, BNP Paribas will have the ability to offer its clients access to the Fidessa GT multi-broker workstation providing them with choice, flexibility and market access across global markets.
Gael Pottiez, Global Head of Product Development, Derivatives Execution and Clearing at BNP Paribas, said: “We believe that leveraging Fidessa technology for our Cortex Listed platform reflects the future direction of the marketplace because it combines advanced trading and order analytics in a highly robust platform to deliver a powerful futures trading experience. And with an increasing number of our buy-side clients looking for specialised execution services we’re pleased to be able to meet that requirement with Fidessa GT.”
Justin Llewellyn-Jones, Fidessa’s Global Head of Derivatives, added: “We’re delighted to be working with BNP Paribas to deliver the benefits of our technology to their end clients. Whilst ambitious, our GT strategy has been to develop the best connected futures workstation on the market; one that provides exceptional execution capabilities whilst meeting the stringent performance, security and regulatory requirements that the industry demands today. This new deal with BNP Paribas is further validation of that strategy.”
Fidessa’s derivatives workstation was named Best Trading and Execution Technology at the CTA Intelligence US Services Awards in February, the seventh award for Fidessa’s derivatives trading technology in the past twelve months.
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About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
About BNP Paribas Corporate and Institutional Banking
Fully integrated in the BNP Paribas Group, BNP Paribas Corporate and Institutional Banking (CIB) (www.cib.bnpparibas.com) is a leading provider of solutions to two client franchises: corporates and institutionals, and operates across EMEA (Europe Middle East Africa), APAC (Asia Pacific) and the Americas. The bank is a global leader in Debt Capital Markets and Derivatives. It is a top European house in Equity Capital Markets and it has leading franchises in Specialized Financing. In Securities Services, it is a top five House worldwide. BNP Paribas CIB strives to service the global economy by providing solutions to its clients in financing (ECM, DCM, specialized financing), flow banking (trade finance and cash management), financial advisory (M&A, project finance), global markets (interest rates, credit, foreign exchange, equity derivatives), risk management, and securities services.
About Fidessa group
Exceptional trading, investment and information solutions for the world’s financial community.
New technology, new regulation, new challenges: making money in today’s financial markets is all about staying ahead of the curve. Having the capability to spot new trends and act fast turns change into opportunity. That’s why 85% of the world’s premier financial institutions trust Fidessa to provide them with their multi-asset trading and investment infrastructure, their market data and analysis, and their decision making and workflow technology. It’s also why around $26 trillion worth of transactions flow across our global network each year. Because we’re the market leader, we can also offer unique access to the world’s largest and most valuable trading community of buy-side and sell-side professionals, from global institutions and investment banks to boutique brokers and niche hedge funds.
Fidessa is a global business with scale, resilience, ambition and expertise. We’re listed on the London Stock Exchange and recognised as the thought leader in our space. We set the benchmark with our unrivalled set of mission-critical products and services and, uniquely, serve both the buy-side and sell-side communities. Ongoing investment in our leading-edge, integrated solutions ensures Fidessa remains the industry’s number one choice.
For further information, please contact:
Katy Birch
Fidessa
+44 (0) 20 7105 1321
Lucinda Armitage-Price
Aspectus PR (PR agency)
+44 (0) 20 7092 8135
Fidessa® is a registered trademark of Fidessa group plc.
All product and company names herein may be trademarks of their registered owners.
London, UK – 26 March 2018 – BNP Paribas today announced that it has recently appointed Bertrand Valet Head of Financial Sponsors Coverage for Continental Europe. Mr Valet is based in Paris but will spend a significant amount of his time working in London. He reports to James Seagrave, the Bank’s London-based, Global Head of Financial Sponsors Coverage.
Mr Valet has more than 25 years’ experience. He joined BNP Paribas from Bank of America Merrill Lynch after nine years with that firm, latterly as a managing director and head of France coverage in its EMEA financial sponsors team. In that role, Mr Valet managed relationships with private equity clients on a pan-European basis, including priority clients in London and Paris. He also led the dialogue with key private equity firms in the context of their investments in French leveraged buyouts. Mr Valet’s recent mandates include advising on the sale of French fashion group SMCP to Shandong Ruyi on behalf of KKR in 2016, and subsequently leading SMCP’s IPO on Euronext Paris in 2017. He also advised on the sale of Germany-headquartered, industrial packaging firm MAUSER to Stone Canyon on behalf of Clayton, Dubilier and Rice last year.
Prior to this, Mr Valet led the development of Bank of America Merrill Lynch’s financial sponsors and sovereign wealth fund activity in the Middle East and North Africa until 2011. Before Bank of America Merrill Lynch, Mr Valet spent almost a decade working for Morgan Stanley in London and Dubai, and also worked for Paribas in London for two years. He started his career at Paribas Technology in San Francisco which later became Partech Ventures.
“We are delighted that Bertrand has joined BNP Paribas. He brings a strong track record in the EMEA region and excellent experience of building and developing client relationships. His recruitment is part of our ongoing strategy to increase BNP Paribas’ impact and market share with financial sponsor clients” said Mr Seagrave.
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About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
About BNP Paribas Corporate and Institutional Banking
Fully integrated in the BNP Paribas Group, BNP Paribas Corporate and Institutional Banking (CIB) (www.cib.bnpparibas.com) is a leading provider of solutions to two client franchises: corporates and institutionals, and operates across EMEA (Europe Middle East Africa), APAC (Asia Pacific) and the Americas. The bank is a global leader in Debt Capital Markets and Derivatives. It is a top European house in Equity Capital Markets and it has leading franchises in Specialized Financing. In Securities Services, it is a top five House worldwide. BNP Paribas CIB strives to service the global economy by providing solutions to its clients in financing (ECM, DCM, specialized financing), flow banking (trade finance and cash management), financial advisory (M&A, project finance), global markets (interest rates, credit, foreign exchange, equity derivatives), risk management, and securities services.
Expanding Human-Centric AI Solutions, Enabling Digital Transformation for Financial Institutions
NASHVILLE, TN, March 20, 2018 – Digital Reasoning, a leader in Artificial Intelligence (AI) that understands human intentions and behaviors, today announced that it has raised USD30 million in new funding. BNP Paribas led the round and Angel Rodriguez-Issa, Global Head of Strategic Investments, Global Markets at BNP Paribas, has joined Digital Reasoning’s board of directors.
Barclays and Square Capital also joined the round, as well as previous investors Goldman Sachs, Nasdaq, Lemhi Ventures, HCA, and the Partnership Fund for New York City.
“Global financial institutions are turning to AI to help drive digital transformation in order to improve revenues and efficiencies,” said Brett Jackson, CEO of Digital Reasoning. “The speed and accuracy of Digital Reasoning’s AI system transforms large quantities of structured and unstructured data about employees, clients, and competitors into valuable human-centric business insights. We are excited to partner with BNP Paribas and other investors and customers to enable them to reshape their businesses.”
Digital Reasoning has a proven record operationalizing AI-powered solutions for financial institutions that deliver real ROI. This new round of funding will enable Digital Reasoning to expand its product portfolio for capital markets and wealth management use cases, accelerate key AI innovations across speech analytics, natural language understanding, and machine education and expand its go-to-market capacity.
“We are thrilled to have BNP Paribas lead this funding round, and for BNP Paribas as well as Barclays and Square Capital to join other world-class investors to support our vision,” said Tim Estes, president and founder of Digital Reasoning. “The new investment will enable us to use our novel and patented AI technology to turn all forms of communications data – including now audio and voice data – into discoverable, understandable, and actionable insights that help to accelerate customer-centric data strategies in the world’s largest Enterprises.”
“BNP Paribas’ digital transformation is a focal part of the group’s 2020 plan. It’s a transformation based on reinventing our clients experience, advancing the use of data and analytics and improving our operating efficiency,” noted Olivier Osty, Head of Global Markets BNP Paribas. “We are excited to have led this round of funding and to partner with Digital Reasoning, a leader in artificial intelligence technology. The partnership amplifies BNP Paribas’ commitment to innovative technology and harnessing it to help us better serve our clients.”
Press Contacts
Alexandra Umpleby: +44 207595 2436 // Alexandra.UMPLEBY@uk.bnpparibas.com
Sarisher Mann: +44 207595 8150 // Sarisher.MANN@uk.bnpparibas.com
Digital Reasoning is a global leader in artificial intelligence that understands human intentions and behaviors. Our award-winning AI platform automates key tasks and uncovers transformative insights across vast amounts of human communications for many of the world’s leading organizations and government agencies. For more information go to www.digitalreasoning.com and follow on Twitter at@dreasoning
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.