BNP Paribas has won four major derivatives categories at this year’s Risk Awards, including the highest honour, “Derivatives House of the Year”.
The Risk Awards are recognised for celebrating leadership and innovation in the finance industry, highlighting banks which deliver the very best service, break new ground for clients and help them navigate tough market conditions.
Overall, the bank won:
- Derivatives House of the Year
- Credit Derivatives House of the Year
- Currency Derivatives House of the Year
- Interest Rate Derivatives House of the Year
Commenting on the four wins, Olivier Osty, Head of Global Markets, BNP Paribas, said: “This is a great honour for us.
“I am very grateful to our clients for their continued trust and support; to our teams, who are always striving to perform and deliver the best service possible; and of course to Risk for this fantastic recognition.”
Since the creation of the Global Markets business with BNP Paribas four years ago, it has developed into a strong, integrated platform across asset classes and around the world. While the business has evolved around client needs, it has stayed true to its roots; delivering best-in-class derivatives solutions, strong financing and balance sheet capabilities, and commitment to markets for the long-term.
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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.