Two boys and two girls from Desert Mirage High School Each Receive $20,000 Collage Grants

BNP Paribas Celebrates 50 Years Fostering Tennis and its Social Impact for Future Generations

New York, NY / Indian Wells, CA, March 16, 2023 – BNP Paribas, Europe’s leading financial institution and a global sponsor of tennis, today announces it has awarded the seventh annual BNP Paribas Open Scholarships to Stephanie De La Rosa, Daniel Fernandez-Roles, José Hernandez-Beltran and Caitlyn Hill. from the 2023 graduating class of Desert Mirage High School in Thermal, CA. The scholarships are granted during the BNP Paribas Open as the Bank celebrates 50 years of commitment to tennis and its power to mobilize for the good of society and its youth.

Each student received a $20,000 college grant on Thursday, March 16 at a ceremony at their school and will be recognized during an on-court presentation at the BNP Paribas Open on Saturday, March 18. The grant will be presented to the scholars while fans watch the men’s and women’s tennis doubles final matches. As the scholars embody the future of tennis they will also participate in the trophy presentation to the tennis doubles champions.

“BNP Paribas clients trust us with their banking needs because social impact is core to our business model and because we focus on giving back to the communities where we operate. We are very proud to once again offer scholarships to tennis-playing students from the Coachella Valley as they demonstrate that success is measured not only by individual achievements but also by how those talents are used to help others,” said Jean-Yves Fillion, CEO of BNP Paribas USA.

“Congratulations to Stephanie, Daniel, José and Caitlyn who have worked so hard both on and off the court. Today, you’ve represented the future of tennis and we know you’ll bring your exceptional drive and compassion to the college arena.”

“These scholarships are a great example of BNP Paribas’ continued commitment to using their involvement with the tournament to have a positive influence on the broader community in the Coachella Valley,” said Peggy Michel, Assistant Tournament Director of the BNP Paribas Open.

“We are thrilled to offer our most sincere congratulations to the deserving recipients, and can’t wait to follow the future success of Stephanie, Daniel, José and Caitlyn both in the classroom and in their local communities.”

Stephanie is an honor roll student, has enrolled in rigorous courses like Advanced Placement (“AP”) Spanish Language and Culture, and maintains a 4.4 grade point average (“GPA”). As a member of the varsity tennis team since her freshmen year, Stephanie was recognized as ‘Most Improved Player’ and received the Coaches Award for her positive outlook and support for teammates. Stephanie has participated in extracurricular organizations including Ballet Folkloric Dance Club, the East Valley Dance Project, Aztec Dance Team, Cheer and Advanced Via Individual Determination (AVID). She also participates in Associated Student Body and volunteers in UCIC, a community nonprofit that operates food drives, mental health clinics and provides COVID resource kits. Stefanie has been awarded the Seal of Multi-literacy which began with her work in Spanish IV Honors as a freshman. She plans to study Economic Development and Public Administration and earn her Bachelor’s Degree at the University of California, Irvine.

Daniel has been enrolled in AP coursework and is an Honor Cord recipient with a 4.38 GPA. As a scholar athlete, he is on the honor roll, plays tennis and runs cross country. Daniel was recognized as ‘Most Improved Player’ for the 2022 season and became team captain in 2023 for the varsity tennis team. Daniel is an active member of clubs like Yearbook, Ballet Folkloric Dance Club, DM Productions (film club) and has been identified as a Puente scholar since his freshman year. He has also contributed volunteer hours for Coachella Inc. and participated in community service activities like trash pickup. He hopes to earn his Bachelor’s Degree in Psychology from the University of California, Berkeley, so he can create spaces for people in need of mental rehabilitation.

José currently has a 4.5 GPA and is an Honor Cord recipient who is consistently on the honor roll with perfect school attendance. He also received his AP Readiness Certificate. José has enjoyed being a member of his school tennis team since his freshman year as the sport helps him practice a growth mindset. He is a member of the Coachella Valley Youth Organizing Council, worked as an intern for the ‘Dr. Raul Ruiz for Congress’ campaign and participates in the 4th District Youth Advocacy Coalition. José has been awarded the Riverside County Seal of Multiliteracy and is well recognized for his leadership skills and ability to apply school lessons to real-life applications. He plans to pursue a Mechanical Engineering degree at the College of the Desert so he can continue to serve his community.  

Caitlyn is an honor roll student since her freshman year and maintains a 4.5 GPA. She also received the prestigious AP Scholar Award and the Seal of Multiliteracy. Caitlyn is the captain of her high school varsity tennis team and named the Desert Valley League’s Most Valuable Player in Tennis Singles. She is the first-ever Student Trustee on the Coachella Valley Unified School District Board of Education and was recognized for her service with a Proclamation of Leadership from Riverside County Office of Education. Caitlyn is a leader in her school through roles like Puente Program President, Associated Student Body Executive President, Movimiento Estudiantil Chicano de Aztlan Movimiento Minister of Information and Eastern Valley Surf Club Treasurer. In addition, Caitlyn volunteers her time for children’s events at Mecca Library and Animal Samaritans Critter Camp. Caitlyn recently received the Puente Statewide Academic Leadership Award which is given to only one student per school. She plans to attend the University of California, Irvine to become an aerospace engineer.

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Press Contacts:

BNP PARIBAS

Robert Madden

Media Relations

+1 (332) 323-3704

Robert.Madden@us.bnpparibas.com

BNP PARIBAS OPEN

Matt Van Tuinen

MVT PR

+1 (773) 860-5828

Matt@mvtpr.com

About the BNP Paribas Open
The BNP Paribas Open is the largest combined ATP Tour Masters 1000 and WTA 1000 tennis event in the world. The BNP Paribas Open has been named Tournament of the Year by both the WTA and the ATP Tour for a record-setting eight years. The 2023 BNP Paribas Open will be held at the Indian Wells Tennis Garden on March 6 – 19, 2023.

BNP Paribas Championing Tomorrow’s Tennis for 50 years

For 50 years, our history and actions have demonstrated how tennis has the capacity to mobilize people beyond the sport and have a social impact, especially for younger generations. We believe that tennis is bigger when it is inclusive and focused on youth. That is why, on 50th anniversary of our loyalty to the sport and commitment to its social impact since inception, we will highlight how tennis has the power to inspire players and fans for the good of society and its youth.

About BNP Paribas & Tennis

BNP Paribas is one of the major worldwide partners to tennis, with an unrivalled commitment to sport, going back to 1973. The Group’s support covers all levels and dimensions of the game all over the world, including singles, doubles, team tennis, wheelchair tennis and family tennis, ranging from beginners’ training to top professional tournaments:

  • Professional Tennis: Official sponsor of the French Open at Roland-Garros; title sponsor of three ATP Masters 1000 tournaments – the BNP Paribas Open at Indian Wells, the Monte Carlo Rolex Masters, the Internazionali BNL d’Italia (Italian Open) in Rome; partner to the Open 13 (Marseille), the Open Parc de Lyon Open, the Metz Moselle Open, Queens Championships ; TEB BNP Paribas Istanbul Open, BNP Paribas Poland Open
  • Wheelchair Tennis: BNP Paribas World Team Cup; French Riviera Open; WJP Challenge Tennis, Swiss Open Genève
  • Junior & University Tennis and Academies: Master’U BNP Paribas
  • Amateur Tennis: Sponsors of the BNP Paribas Family Trophy; also supporting over 1,000 amateur tournaments around the world
  • The younger generations: BNP Paribas supports over 130 deserving young tennis and wheelchair tennis players, through its ‘Team BNP Paribas Young Talents’ programs in France (with Jo-Wilfried Tsonga and the French Tennis Federation), the United States (with John and Patrick McEnroe), Italy, Belgium, Poland and Canada; also partner of the Roland-Garros ball-kids selections for over 20 years
  • Solidarity Tennis: Supporting a number of original tennis related social engagement projects, through partnerships with more than 20 national tennis federations and dozens of tennis-based charity organisations: ‘#FAAPointsForChange‘ with Felix Auger-Aliassime; ‘Fête le Mur’ with Yannick Noah; the ‘Aces Du Cœur‘ charity program for hospitalized children; the ‘Sound of Tennis‘ initiative for visually impaired athletes in the United States; the Israel Wheelchair Tennis Project…;
  • Tennis e-sport: ‘Roland-Garros e-Series by BNP Paribas’, an e-sport tournament played all over the world as part of the ‘Tennis World Tour’ video game
  • Employee tennis: the ‘BNP Paribas We Are Tennis Cup’ is one of the largest global employee tennis tournaments in the world (3,500 participants each year)

Having entered into all these partnerships, in 2011 BNP Paribas set up a program called ‘We Are Tennis’, with the purpose to promote interest in the game of tennis all over the world. The wearetennis.com website and its social network accounts bring together a community of tennis lovers and dedicated fans from all continents who are keen to obtain the latest news from the ATP, WTA and ITF circuits. Furthermore, in 2015 BNP Paribas created the ‘We Are Tennis Fan Academy’, which enables fans to express their passion for tennis as never before.

About BNP Paribas  

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has more than 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Retail Banking for the Group’s retail-banking networks and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated retail-banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.


BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

Expands ‘Team BNP Paribas Young Talents’ Program to More Than 130 Players Across Six Countries

The Bank Celebrates 50 Years Championing Tennis and its Social Impact for Future Generations

New York, NY / Indian Wells, CA, March 11, 2023 – BNP Paribas, Europe’s leading financial institution and a global sponsor of tennis, and Académie Aliassime today announces the launch of ‘Team BNP Paribas Young Talents Aliassime’ (Team BNPP Aliassime). The program helps the most promising and deserving young Canadian talents reach the next level with financial assistance to access international tennis competitions and intensive training under the direct supervision of Sam Aliassime, father of Félix Auger-Aliassime (ATP World No. 9). Team BNPP Aliassime is introduced at the BNP Paribas Open as the Bank celebrates 50 years of commitment to tennis and its power to mobilize for the good of society and its youth.

Team BNPP Aliassime is the latest in the ‘Team BNP Paribas Young Talents’ roster which began in 2018 with Jo-Wilfried Tsonga in France. Since then, the Bank has partnered with Yannick Noah, John and Patrick McEnroe (Team BNPP Mac 1), Justine Henin and others to form teams across France, the United States, Italy, Poland and Belgium. The global program provides human and financial support to 130 talented young athletes, often from disadvantaged backgrounds, on their path to professional careers. Players are granted the opportunity to train under the direct supervision of tennis professionals and legends.

The launch of Team BNPP Aliassime takes place at the BNP Paribas Open, the largest combined ATP and WTA Tour two-week event in the world. This expansion of the BNP Paribas Young Talents Team roster in the Americas will be celebrated with an exhibition match including Team BNPP Aliassime and Team BNPP Mac 1 youth players and their mentors:

  • Félix Auger-Aliassime, ATP Tour player (ATP World No. 9)
  • Sam Aliassime, Founder and Director of Académie Aliassime
  • John McEnroe, Founder and Director of JMTA
  • Patrick McEnroe, Co-Director of JMTA and President of JMTP
  • Jean Yves Fillion, CEO of BNP Paribas USA
  • Sonja Volpe, CEO of BNP Paribas in Canada

Team BNPP Aliassime includes 12 boys and girls between the ages of 11 and 14 from home countries including Cameroon, Canada, France and Madagascar. The players are recruited from among the most talented students currently enrolled in Académie Aliassime in Quebec City, Canada, with annual try-outs. Participants are selected based on both tennis and athletic criteria (results and future potential) and more general and ethical criteria, including attitude, team-involvement and academic results. 

BNP Paribas also supports Félix Auger-Aliassime (ATP World No. 9) in his commitment to a cause that is close to his heart – building a better future for youth in the West-African nation of Togo, his father’s home country. #FAAPoints4Change will finance the EduChange initiative which is coordinated by CARE, the non-governmental organization, to improve the conditions of young people in the Kara region of Togo. The project focuses on the protection of children’s rights, access to education and sport. Félix Auger-Aliassime has pledged to donate $5 for each point he wins and BNP Paribas will match with $15 per point.

Sam Aliassime, Founder and Director of Académie Aliassime, said: “We chose to join the BNP Paribas Young Talent Team roster because of the bank’s focus on inclusivity and social responsibility. Together with BNP Paribas, Académie Aliassime can now give young tennis players the opportunity to compete on the world stage and have the right support in place to handle the rigor and demands of collegiate and professional tennis.

Sonja Volpe, CEO of BNP Paribas in Canada, said: “BNP Paribas is proud to collaborate with Académie Aliassime to help promote accessibility, inclusivity, and empowerment to young tennis players. We recognize the importance of investing in individual skills development as we are ourselves deeply committed to supporting the future growth of talents. We are thrilled to partner with an organization that encourages inclusive leadership through sport.”

Jean-Yves Fillion, CEO of BNP Paribas USA, said: BNP Paribas is now the world’s leading tennis partner with a long history of supporting the sport going back to 1973. In the Americas, we are proud to be working with Sam and Felix to help up-and-coming boys and girls reach their full potential and join the ranks of world-class tennis players. We remain committed to the sport and our social responsibility to change young lives by removing the racial, social and economic barriers to success through tennis initiatives like Team BNPP Aliassime.”

Team BNP Paribas Young Talents’ players are supported in their on- and off-court training as they progress to new and greater heights. They are also provided financial assistance to allow intensive, year-round training and access to international competitions. In addition, they benefit from personal assistance in preparing for the demands of collegiate and professional tennis including image management, educational success, literacy, life-skills and more.

BNP Paribas supports over 130 deserving young tennis players through its ‘Team BNP Paribas Young Talents‘ programs across Canada (with Sam Aliassime and Académie Aliassime), the United States (with John and Patrick McEnroe and the JMTA), France (with Jo-Wilfried Tsonga and the French Tennis Federation), Italy, Poland and Belgium.

-ends-

Press Contacts:

BNP PARIBAS

Robert Madden

Media Relations

+1 (332) 323-3704

Robert.Madden@us.bnpparibas.com

About the Aliassime Academy

With history dating from 1975, the Aliassime Academy is the leading tennis academy in Quebec City, Canada. In 1990, the Academy took a competitive turn by founding Quebec City’s first full-time tennis-study program and has since earned awards at the national level. The Academy’s mission is to share its passion for tennis with players of all ages, levels, and backgrounds. It aims for excellence while promoting fundamental values such as respect, discipline, work ethics, and determination.

About the BNP Paribas Open
The BNP Paribas Open is the largest combined ATP Tour Masters 1000 and WTA 1000 tennis event in the world. The BNP Paribas Open has been named Tournament of the Year by both the WTA and the ATP Tour for a record-setting eight years. The 2023 BNP Paribas Open will be held at the Indian Wells Tennis Garden on March 6 – 19, 2023.

BNP Paribas Championing Tomorrow’s Tennis for 50 years

For 50 years, our history and actions have demonstrated how tennis has the capacity to mobilize people beyond the sport and have a social impact, especially for younger generations. We believe that tennis is bigger when it is inclusive and focused on youth. That is why, on 50th anniversary of our loyalty to the sport and commitment to its social impact since inception, we will highlight how tennis has the power to inspire players and fans for the good of society and its youth.

About BNP Paribas & Tennis

BNP Paribas is one of the major worldwide partners to tennis, with an unrivalled commitment to sport, going back to 1973. The Group’s support covers all levels and dimensions of the game all over the world, including singles, doubles, team tennis, wheelchair tennis and family tennis, ranging from beginners’ training to top professional tournaments:

  • Professional Tennis: Official sponsor of the French Open at Roland-Garros; title sponsor of three ATP Masters 1000 tournaments – the BNP Paribas Open at Indian Wells, the Monte Carlo Rolex Masters, the Internazionali BNL d’Italia (Italian Open) in Rome; partner to the Open 13 (Marseille), the Open Parc de Lyon Open, the Metz Moselle Open, Queens Championships ; TEB BNP Paribas Istanbul Open, BNP Paribas Poland Open
  • Wheelchair Tennis: BNP Paribas World Team Cup; French Riviera Open; WJP Challenge Tennis, Swiss Open Genève
  • Junior & University Tennis and Academies: Master’U BNP Paribas
  • Amateur Tennis: Sponsors of the BNP Paribas Family Trophy; also supporting over 1,000 amateur tournaments around the world
  • The younger generations: BNP Paribas supports over 130 deserving young tennis and wheelchair tennis players, through its ‘Team BNP Paribas Young Talents’ programs in France (with Jo-Wilfried Tsonga and the French Tennis Federation), the United States (with John and Patrick McEnroe), Italy, Belgium, Poland and Canada; also partner of the Roland-Garros ball-kids selections for over 20 years
  • Solidarity Tennis: Supporting a number of original tennis related social engagement projects, through partnerships with more than 20 national tennis federations and dozens of tennis-based charity organisations: ‘#FAAPointsForChange‘ with Felix Auger-Aliassime; ‘Fête le Mur’ with Yannick Noah; the ‘Aces Du Cœur‘ charity program for hospitalized children; the ‘Sound of Tennis‘ initiative for visually impaired athletes in the United States; the Israel Wheelchair Tennis Project
  • Tennis e-sport: ‘Roland-Garros e-Series by BNP Paribas’, an e-sport tournament played all over the world as part of the ‘Tennis World Tour’ video game
  • Employee tennis: the ‘BNP Paribas We Are Tennis Cup’ is one of the largest global employee tennis tournaments in the world (3,500 participants each year)

Having entered into all these partnerships, in 2011 BNP Paribas set up a program called ‘We Are Tennis’, with the purpose to promote interest in the game of tennis all over the world. The wearetennis.com website and its social network accounts bring together a community of tennis lovers and dedicated fans from all continents who are keen to obtain the latest news from the ATP, WTA and ITF circuits. Furthermore, in 2015 BNP Paribas created the ‘We Are Tennis Fan Academy’, which enables fans to express their passion for tennis as never before.

About BNP Paribas  

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has more than 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Retail Banking for the Group’s retail-banking networks and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated retail-banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.


BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

This bi-lateral agreement between the two groups will provide commercial banking clients with continuity of service, leasing services and global coverage

[CHICAGO / PARIS / TORONTO] – [February 21, 2023] – BMO Financial Group (“BMO”) and BNP Paribas announce today a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive leasing services partnership. As part of this collaboration agreement, both banks will continue to provide, and expand on international services offered to clients.

The agreement follows BNP Paribas’s sale of Bank of the West to BMO that closed on 1 February 2023. This cross-border commercial agreement will ensure continuity of services for commercial banking clients and a focus on existing international commercial clients shared between BNP Paribas and Bank of the West (now part of BMO). The agreement will also seek to boost future referrals for clients looking to access BNPP’s extensive multi-country European and Asian presence and /or BMO’s deep, and now expanded network in the US, and Canada. BMO will retain the Bank of the West Multinational Client Platform team to deliver world-class service to new referrals and continuity for Bank of the West’s international clients.

“This agreement combines the strengths of BMO, a top-five commercial banking provider in North America with an international presence and capability, with those of BNP Paribas, the leading bank in the Eurozone. The result is a powerful coordinated coverage model that provides our clients with access to more opportunities across Canada and the US, and globally,” said Dan Marszalek, Co-Head, US Commercial Banking at BMO. “We are committed to fueling the growth of our commercial banking customers and enabling them to make progress toward their business goals.”

Our agreement with BMO Financial Group will allow us to provide our commercial banking clients with seamless cross-border cooperation and offer their clients access to our international footprint across over 65 countries. This includes Cash Management and Leasing Solutions, two of our leading activities in Europe. This agreement will complement our Corporate and Institutional Banking activities in North America to which BNP Paribas remains committed,” said Caroline Pez-Lefevre, Deputy Chairwoman of One Bank for Corporates at BNP Paribas. BMO and BNP Paribas will also create a significant player in the equipment finance space through a trans-Atlantic partnership between BNP Paribas Leasing Solutions and the BMO Vendor Finance division. This collaboration will offer new and existing vendor partners access to end-to-end asset financing services including floorplan financing, point of sale and vendor leasing solutions.

About BMO Financial Group 

Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $1.14 trillion as of October 31, 2022 and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance, Arval and Leasing Solutions; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, 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, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

Press contact BMO

Mridula Rajagopal

mridula.rajagopal@bmo.com  

773-664-3680

Press contacts BNP Paribas

Guy Taylor

guild.taylor@us.bnpparibas.com

+1 332-323-3704

Servane Costrel de Corainville

servane.costreldecorainville@bnpparibas.com

+ 33 (0)6 74 81 98 27

The Board of Directors of BNP Paribas met on 6 February 2023, chaired by Jean Lemierre. The Board examined the Group’s results for the fourth quarter 2022 and endorsed the 2022 financial statements.

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About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, 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, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

On December 20, 2021, BNP Paribas announced that it had entered into an agreement with BMO Financial Group for the sale of its retail & commercial banking activities in the United States conducted through its subsidiary Bank of the West, Inc (“the Transaction”)[1].

BMO Financial Group confirmed the receipt of all regulatory approvals required to complete the acquisition of Bank of the West. No further regulatory approvals are required to complete the Transaction.

The Transaction is anticipated to close on February 1, 2023, subject to the satisfaction of the remaining customary closing conditions set forth in the agreement.

Final financial impacts of the Transaction will be provided on February 7, 2023, together with the publication of BNP Paribas 2022 Annual Results.

Jean-Laurent Bonnafé, BNP Paribas Group Director and Chief Executive Officer, said:

“I would like to warmly thank Bank of the West and BNP Paribas teams who have been working closely with BMO Financial Group these last months in order to prepare the closing of the transaction and the transition to BMO Financial Group.

BNP Paribas continues to benefit from a long-term presence in the United States and notably a strong Corporate & Institutional Banking franchise which has been recently reinforced. BNP Paribas’ set up in the United States remains a strategic pillar for its development. Therefore, the Group will continue to consolidate and further develop its Corporate & Institutional Banking franchise to better serve multinational clients’ needs.”

About BNP Paribas BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, 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, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.


[1] For details on the announcement, please refer to the following press release: bnp-paribas-reached-an-agreement-with-bmo-for-the-sale-of-bank-of-the-west (invest.bnpparibas)

New presence to support clients and growth of markets business in South Florida

Europe’s leading bank, BNP Paribas, is opening an office in Miami to better support clients and the growth of its Global Markets business. The Brickell Ave location (above) will officially open in Fall 2023 and house nearly 50 full-time employees. Image by Juan Silva, Colliers International.

New York, NY & Miami, FL, January 11, 2023 – BNP Paribas Securities Corp, a unit of Europe’s leading bank BNP Paribas, today announced its plans to open a new office in the metro-Miami area. The Miami office will support the continued growth of its Global Markets business in the US, amongst others, and the increasing number of clients with a foothold in South Florida. The hub will provide an additional gateway to its regional clients, as well as expand on its network of US campuses.

The new office will be located at 801 Brickell Avenue in Miami’s financial hub, officially open for business in the 4th Quarter 2023, and employ nearly 50 full-time professionals in credit, equities, and macro products. A seven and a half year lease for the office was recently signed.

José Placido, Chief Executive Officer of CIB Americas at BNP Paribas, said: “Our new office is another recent example of scaling our business in ways that fully support our client’s ambitions, as more of our clients build a presence in South Florida. With this opportunity to better serve our clients, we deliver on our ambitions to grow our corporate and institutional banking franchise in the Americas. Our new Miami office also continues with our ‘workplace of the future’ model, focusing on wellbeing and employee experience.”

John Gallo, Head of Global Markets Americas at BNP Paribas, said: “We’re very excited to be in the growing business environment of South Florida. This office will allow us to be closer and better serve our clients, many of whom have also migrated to the area, particularly Miami and Palm Beach.”  

BNP Paribas has recently made several large real estate actions in the US including opening a new office in the Philadelphia area in October 2021. The bank has also made significant facilities and work space commitments in its two metro New York City offices in Midtown West Manhattan and Jersey City, NJ. BNP Paribas signed 20 year leases for all three properties in the greater NYC and Philadelphia areas in July 2020. The group also has offices in the following major cities* (Boston, Chicago, Dallas, Denver, San Francisco and Washington, DC).

BNP Paribas’ Miami campus will be the latest example of the bank’s efforts to create best-in-class platforms and products for its local Miami-area clients. As BNP Paribas continues to pursue and execute on its growth ambitions in the region, the Miami office will integrate seamlessly with its other offices.

*Excludes presence of Bank of the West, for which an agreement of sale has been entered into with Bank of Montreal.

Press Contacts:

BNP PARIBAS

Guy Taylor

+1 (332) 323-3704

Guild.Taylor@us.bnpparibas.com

Robert Madden

+1 (917) 287-8501

Robert.Madden@us.bnpparibas.com

About BNP Paribas  

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

BNP Paribas, Europe’s leading financial institution, announces today the appointment of several senior executives to its Global Markets Americas division. The appointments demonstrate the bank’s commitment to the Americas region and ambition to grow its Global Equities, Global Credit and Global Macro franchises.  

Kunal Maini is appointed Co-Head of Global Macro – Americas. He will support the bank’s effort to strengthen its client-centric Global Macro business featuring a state-of-the-art digital offering and expertise across Rates, FX and Commodities. In addition, he will be responsible for globalizing our US Rates franchise by developing stronger client connectivity and product innovation.

Mr. Maini has deep experience in the global macro space, with 16 years of experience in New York and five in Tokyo.  He joins BNP Paribas from Morgan Stanley, where he was Global Head of Government Bond, Inflation and E-Trading.  

John Hanisch is appointed Co-Head of Secondary Credit Americas and Global Head of Securitized Products Trading. As a member of the management team overseeing the Americas credit platform, Mr. Hanisch will support the continued development of the bank’s secondary credit franchise in the region and he will direct the Securitized Products Trading franchise globally.

Mr. Hanisch joins BNP Paribas following two years on the buy-side at Hayfin Capital Management prior to which he was at Deutsche Bank for 12 years, most recently as Global Head of Securitized Products Trading.

Charlie Shah is appointed Head of IG & CDS Trading Americas, and Bo Bazylevsky is appointed Head of LatAm Flow Credit Trading. Both appointments will also support the bank’s ambition to expand its broader credit franchise in the region.

Mr. Shah has over 20 years of industry experience, most recently at RBC where he ran the US Investment Grade Trading Business. He will focus on delivering a full IG product suite across cash and derivatives to the bank’s clients.

Mr. Bazylevsky joins BNP Paribas from Stifel where he was Head of Emerging Markets. He brings over 20 years of trading experience in emerging markets fixed income and has worked at institutions like JP Morgan, Bank of America- Merrill Lynch and Bear Stearns.

Michael Rietbrock is appointed Head of Research within the bank’s Global Equities business. He will support the development of BNP Paribas Exane as a leading provider of equity research in the US. Mr. Rietbrock will help scale up Equity Research and Cash Execution in the US. These efforts, along with the bank’s strengths in prime services and equity derivatives across regions, will allow for increased strategic dialogue with clients across the bank’s Global Markets Americas division. 

Mr. Rietbrock has over 30 years of experience in the equity research space. First, he performed as a top-ranked analyst, and subsequently as a research manager at Bank of America, Nomura and MoffettNathanson, LLC.

Robert McDonald is appointed Head of Strategic Equity Solutions and Equity-Linked Origination and Nadim Siddique is appointed Head of Strategic Equity Derivatives Trading within the bank’s Global Equities business. Strategic Equity Solutions and Equity-Linked Origination are key pillars of growth within Global Equities and Corporate Sales in Global Markets.  As partners across sales and trading, Mr. McDonald and Mr. Siddique will structure and execute convertible transactions and equity derivative solutions, including share buyback programs, hedging and monetizing positions through margin loans, variable pre-paid forwards, and other innovative structures.

Mr. McDonald has worked in the equity capital markets and equity corporate derivatives space since 2008. Previously, he performed senior leadership roles at Mizuho, Credit Suisse and Nomura in both New York and London.

Mr. Siddique has 25 years of experience leading equity derivatives trading teams within both the sell- and buy-side institutions. Prior to joining BNP Paribas, he performed senior leadership roles at CIBC World Markets Group, Citadel, Morgan Stanley and JP Morgan.

John Gallo, Head of Global Markets Americas at BNP Paribas, said: “There is an enormous opportunity to develop our client relationships in the Americas, not only across our Global Markets platform, but also across our entire Corporate and Institutional Banking division. We are proud to welcome our new colleagues who represent our commitment to strengthen our client offering and our ambition to be the leading European bank globally.”

BNP Paribas has been present in the Americas for more than a century. It provides capital markets, securities services, financing, treasury and advisory solutions to corporates and institutional investors. As part of the bank’s Corporate and Institutional Banking division, the bank’s Global Markets Americas platform offers consistent client service and innovative solutions for investment, hedging and financing opportunities across asset classes and geographies, and research and market intelligence to help clients make strategic decisions. Global Markets Americas is a strongly integrated, digitally advanced platform including Global Equities, Global Credit and Global Macro business lines.

Press Contacts:

Robert Madden

+1 (917) 287-8501                 

robert.madden@us.bnpparibas.com

Guy Taylor

+1 (332) 323-3704

guild.taylor@us.bnpparibas.com

About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has more than 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Retail Banking for the Group’s retail-banking networks and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated retail-banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.


BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

BNP Paribas, Europe’s leading financial institution, announces today the launch and roll-out of BNP Paribas Exane, a leading provider of equity research, in the US.  In 2021 BNP Paribas acquired 100 percent of Exane – following a successful 17-year partnership – and has since been working to align BNP Paribas Exane’s offering with its leading Global Markets platform. To mark this official launch, BNP Paribas Exane’s US employees transferred last week to the BNP Paribas Tower in New York City and the bank’s office in San Francisco.

The U.S. launch of BNP Paribas Exane enables the bank to offer its clients a full suite of cash equities and derivatives services. Also, BNP Paribas Exane – which has been ranked the number one research provider in Europe for six consecutive years by Institutional Investor – can now distribute research to the bank’s Securities Corp. clients in the U.S. BNP Paribas Exane will expand its coverage from 180 U.S. stocks today to over 450 U.S. stocks by 2025 across the Technology, Media, and Telecommunications (TMT), Consumer, Healthcare and Industrials sectors. The expansion of U.S. stocks coverage will be supported by the bank’s ambitious plans to grow the number of analysts, sector specialists, traders, sales traders and salespeople it employs. BNP Paribas Exane today covers over 800 stocks globally.

The marking of the official launch of BNP Paribas Exane in the U.S. demonstrates continued investment in the bank’s Cash Equities platform and its broader Global Equities franchise delivering clients the full-spectrum of equity-based services to fulfill their investment, financing and execution needs. In addition to best-in-class equities research, clients will continue to benefit from the bank’s top-tier electronic execution and prime brokerage platforms migrated from Deutsche Bank, its state-of-the-art execution platform driven by Cortex Equities, the recent referral arrangement for Credit Suisse Prime Services customers, and well-recognized equity derivatives expertise developed over 30 years.

Ben Spruntulis, Head of Cash Equities at BNP Paribas, said: “This is a timely opportunity for BNP Paribas Exane to begin this new chapter in the U.S. Our team is excited to be able to offer our best-in-class research and advisory services as part of our top-tier Cash Equities platform.”

Adil El Batji, Head of Global Equities in the Americas at BNP Paribas, said: “Our ability to offer BNP Paribas Exane to clients in the U.S. is an enormous opportunity to holistically meet our clients’ needs and service the full equities value chain across research, financing, execution and derivatives. This deep partnership with clients will positon the bank as a leading European equities house on the global stage.”

José Placido, CEO of BNP Paribas CIB Americas, said: “The launch of BNP Paribas Exane in the U.S. underscores the bank’s commitment to the Americas region as a key marketplace for the Corporate and Institutional Banking division. Equities research will not only strengthen our global markets offering to institutional clients, but it will also support the bank’s ambition to further develop its Equity Capital Markets and M&A business as the leading European partner for corporates worldwide.”

-ENDS-

Press Contacts:

Guy Taylor

+1 (917) 767-1593

guild.taylor@us.bnpparibas.com

Robert Madden

+1 (917) 287-8501                 

robert.madden@us.bnpparibas.com

About BNP Paribas Exane

Exane was founded in 1990 with a robust business model built around three complementary business lines: Cash Equities (BNP Paribas Exane); Structured Solutions (Exane Solutions); and Asset Management (Exane Asset Management). The group expanded internationally in order to be as close to clients as possible, with Paris and London as its main offices. Over 800 employees are now spread across nine sites worldwide: Paris, London, Frankfurt, Geneva, Madrid, Milan, Stockholm, New York and San Francisco. After a successful 17-year partnership with BNP Paribas, Exane became a subsidiary of BNP Paribas in July 2021.

About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has more than 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Retail Banking for the Group’s retail-banking networks and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated retail-banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.


BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

State-of-the-Art building includes latest workplace technology & advances

BNP Paribas today officially unveils its newly-renovated regional headquarters located in NYC’s Midtown West (pictured). The new offices house state-of-the-art technology and incorporates the latest in user-friendly, workplace advances, centered around the office as a destination concept. (Photo: Business Wire)
BNP Paribas today officially unveils its newly-renovated regional headquarters located in NYC’s Midtown West (pictured). The new offices house state-of-the-art technology and incorporates the latest in user-friendly, workplace advances, centered around the office as a destination concept. 

BNP Paribas, the EU’s leading bank, today announced the official opening of its redesigned office building at 787 7th Avenue in New York City. The 54-story skyscraper, built in 1986 and designed by Edward Larrabee Barnes, was formerly named the Equitable Center and now displays the “BNP Paribas” name over the main entrance, as well as prominent signage across the exterior and interior marking the occasion. The rebranding of the building coincides with the Bank’s signing of a new 20-year lease in 2021 as part of a broader reorganization of its regional presence and a demonstration of its commitment to New York City as its regional hub.

The building is in the final phase of a three-year renovation led by global architecture, design, and planning firm, Gensler. The new lobby and modern offices are at the leading edge of how the bank sees the future of work and positions the building as a ‘destination’ where community, culture and technology will come together. The evolution of the new space will encourage inclusivity, natural interactions and have flexible workspaces for staff to collaborate and entertain clients. The redesigned office is a “home away from home” for the Bank’s employees to create and tailor best-in-class platforms and products for clients, and includes upgraded employee common spaces, client hospitality areas and workspace floors.

The location will house over 2,300 employees from the Bank’s core CIB business lines, including Global Markets, Global Banking, and Securities Services. Several BNP Paribas businesses previously housed in other locations around NYC will also be moving into the midtown building, including Exane US, the award-winning research group BNP Paribas recently completed purchasing.

As a leader in sustainability, BNP Paribas ensured the newly redesigned building received LEED Gold Certification, a green building certification program used worldwide. BNP Paribas is also undertaking the WELL Certification, a standard used when building occupants implement features that help support and advance human health and wellness. Benefits range from promoting movement by walking or taking the stairs, healthy eating, providing occupants with outdoor views, adjustable lighting, improved audial comfort, filtered air and close access to hydration stations, all of which are verified by performance testing or sensor output.

As BNP Paribas continues to pursue and execute on its growth ambitions in the Americas region, the 787 7th Avenue building will integrate seamlessly with the Bank’s other campuses in Jersey City, NJ, and Chesterbrook, PA, each with their own strong identity. The three US locations are key to the Group’s long-term plans, which includes a significant and growing presence in Montreal, Canada, one of the region’s near-shoring centers. The Bank also has a presence in San Francisco, CA, Denver, CO, and Boston, MA.

Jean-Yves Fillion, CEO of BNP Paribas USA, said: “I’ve spent the majority of my career in the 787 7th Avenue office, and am excited that BNP Paribas and my colleagues will get to spend the next 20 or more years in this great building. Our newly upgraded premises speak to our continuity of presence and growth ambitions in the Americas, as well as a testament that the US remains a critical market for our group. I want to thank all involved, including our local and state representatives, the architects, and of course our staff, who have spent many hours making today’s launch happen.”

José Placido, Chief Executive Officer of CIB Americas at BNP Paribas, commented: “We are today unveiling our new, cutting edge regional headquarters, where we’ve etched our name in stone over the main entrance. This office is the anchor in our network of area buildings and something every BNP Paribas employee can be proud of, as well as look forward to working in. These offices are also the ideal place to keep providing our many clients and the community with best-in-class service, while being the benchmark for workplace efficiency, well-being and positive employee experiences.”

Laurent Lisimachio, Design Director and Principal at Gensler, said: “We are excited to help deliver a reimagined headquarters for BNP Paribas employees that inspires them to do their best work with access to active lifestyle amenities, including modern spaces with the latest IT technology and connectivity. There are many adjacent pantries offering healthy food options, a coffee bar, dining areas, and lounges. The evolution of BNP Paribas’ workspace encourages inclusivity, increases natural interactions among coworkers, and provides flexible workspaces where staff can meet and exchange ideas. The new workspaces facilitate a real sense of community and is conducive to creative collaboration.”

As part of its opening festivities and continuing the Bank’s support of cinema, BNP Paribas will air tonight the soon to be released French film “Eiffel”, directed by Martin Bourboulon and starring Romain Duris and Emma Mackey. The producer of the film, Vanessa van Zuylen, will be in attendance for the opening. BNP Paribas clients and guests will view the film in the building’s auditorium, located in the lower level of the building.

Notes To Editor:
Between 2020 and 2022, the leases on BNP Paribas’ three NYC area locations were up for renewal, resulting in a search process for a new building(s) in 2019 for its metro NYC and PA offices and staff, which included viewing and evaluating many office locations throughout the NYC and PA areas with the possibility of staying in its current addresses. The Bank signed three new 20-year leases in July 2020, remaining at 787 7th Avenue, New York City (323,000 RSF); 525 Washington Boulevard, Jersey City, NJ (150,000 RSF), and moved to a new Philadelphia location at 735 Chesterbrook Boulevard (59,000 RSF), which also has the ‘office as destination’ concept. The $18 million Philadelphia commitment resulted in over 100 jobs being retained while creating nearly 300 new, full-time jobs in the area.

BNP Paribas has occupied its NYC building since 1986, the Jersey City office since 2007, and Philadelphia office since 2021.

BNP Paribas is represented by JLL for all three leases. Commonwealth Partners (787 7th Ave) is represented by CRBE; Bentall Green Oak (525 Washington) is represented by CBRE; and Rubenstein Partners (735 Chesterbrook) by JLL.

About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About Gensler
Gensler is a global architecture, design, and planning firm with 50 locations across Asia, Europe, Australia, the Middle East, and the Americas. Founded in 1965, the firm serves more than 3,300 active clients in virtually every industry. Guided by determined optimism, we believe the power of design can spark positive change and create a future that promotes equity, resilience, and wellbeing for everyone.

Contacts

Press Contacts:
BNP PARIBAS
Guy Taylor
+1 (332) 323-3704
Guild.Taylor@us.bnpparibas.com

Robert Madden
+1 (917) 287-8501
Robert.Madden@us.bnpparibas.com

Claire Schiff
+1 (646) 897-2589
Claire.Schiff@us.bnpparibas.com

Key Hire Demonstrates BNP Paribas Securities Services’ Continued Build Out in the Americas

Chris Richmond, Head of the Asset Owner, Asset Manager and Alternatives Client Lines in the Americas for BNP Paribas Securities Services (Photo: Business Wire)
Chris Richmond, Head of the Asset Owner, Asset Manager and Alternatives Client Lines in the Americas for BNP Paribas Securities Services

BNP Paribas, a premier global bank, announces today the appointment of Chris Richmond as Head of the Asset Owner, Asset Manager and Alternatives Client Lines for BNP Paribas Securities Services Americas, the bank’s securities services division.

At BNP Paribas Securities Services, Chris will be responsible for product development and strategy for asset owners, asset managers and alternative investors across North and Latin America. He will report to Dennis Bon, Head of BNP Paribas Securities Services in the Americas, as well as Arnaud Claudon, Global Head of Asset Managers and Owners, and Patrick Hayes, Global Head of Alternative Investors.

Chris has extensive experience servicing traditional and alternative investment managers and asset owners at State Street, Charles River, and BNY Mellon. Prior to this, Chris led multiple fund accounting teams at Fidelity Investments.

Dennis Bon, Head of BNP Paribas Securities Services in the Americas, said: “The Americas institutional investor market is a key area of growth for us and is of strategic importance to serve both our local and global client base. We have been making meaningful investments in this space since the build out of our US custody offering in 2012. I am thrilled to welcome Chris to our team and continue to grow our business in the Americas.”

Chris Richmond, Head of the Asset Owner, Asset Manager and Alternatives Client Lines in the Americas, said: “I am excited to be leading BNP Paribas Securities Services’ Asset Manager, Asset Owner and Alternatives Client Lines in the Americas at such a key moment. Recent changes throughout the industry are driving asset managers and asset owners to re-shape their operating models and adapt to changing client behaviors. This presents exciting opportunities for us to further enhance our offering.”

About BNP Paribas Securities Services

BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. With a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximize their investment opportunities worldwide.

About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, 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, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

Contacts

Press:
Claire Schiff
(646) 634-4042
claire.schiff@us.bnpparibas.com