Longest-Running Title Sponsor in the History of the Tournament with Five-Year Contract Through 2029
New York, NY / Indian Wells, CA, March 14, 2025 – BNP Paribas, Europe’s leading financial institution and a global sponsor of tennis, is pleased to announce the extension of its title sponsorship of the BNP Paribas Open with a five-year contract that runs through 2029. BNP Paribas began its title sponsorship of the tournament in 2009 and has become the longest running sponsor in the event’s history. Over the past 17 years, the tournament has seen record attendance, achieved equal prize money for women, and earned recognition as a favorite among top players.
Often referred to as “Tennis Paradise”, the BNP Paribas Open is held annually in Indian Wells, California. The Indian Wells Tennis Garden is a stunning venue which features the second largest tennis stadium in the world.
José Placido, CEO of BNP Paribas USA and CIB Americas, said: “Renewing the BNP Paribas Open contract is a testament to the continued growth of this event as well as the partnership between the tournament and BNP Paribas. The bank’s commitment to promoting tennis at all levels has made us a trusted partner in tennis and stakeholders, including BNP Paribas clients and staff, making the BNP Paribas Open our marquee tennis event here in the Americas. This agreement ensures the tournament will continue to attract top players, provide a world-class experience for attendees, and contribute to the local Coachella Valley economy, including helping the next generation of players.”
Elise Hermant, Global Head of Communications for BNP Paribas, said: “The title sponsorship of the BNP Paribas Open has proven a great success by any measure and continues to deliver a level of quality that perfectly aligns with BNP Paribas’ values. With the renewal of the contract, we reaffirm our dedication to supporting the growth and development of the BNP Paribas Open and we are looking forward to further elevating the tournament’s status in the tennis world.”
Tommy Haas, Tournament Director of the BNP Paribas Open, said: “We are thrilled to extend our partnership with BNP Paribas. Their support has been instrumental in making the BNP Paribas Open the world-class destination that it is today. We look forward to continuing to work with BNP Paribas in the coming years to build upon the tradition of excellence we have created together and provide fans with the unparalleled experience, thrilling matches and unforgettable moments that they’ve come to expect.”
The European bank is proud to continue supporting this tournament, which in 2024 was voted the Tournament of the Year by both ATP and WTA players for a record-setting tenth consecutive year. The 2024 event also saw record prize money awarded, with nearly $20 million in total across both Tours. The 2024 BNP Paribas Open also set a new all-time attendance record, with 493,440 spectators over the fortnight.
BNP Paribas is one of the largest and longest-standing sponsors of tennis worldwide, with an unparalleled commitment to the sport dating back to 1973 with Roland-Garros, also known as the French Open. BNP Paribas’ support spans every level of the game across the globe, from community tennis to the highest levels of professional competition. This includes singles, doubles, team tennis, wheelchair tennis, youth community and family tennis, ensuring tennis remains accessible for future generations.
Press Contacts:
BNP PARIBAS
Guy Taylor
Media Relations
+1 (332) 323-3704
Guild.Taylor@us.bnpparibas.com
BNP PARIBAS OPEN
Matt Van Tuinen
MVT PR
+1 (773) 860-5828
BNP Paribas is a major partner of world tennis, with a historic commitment that began in 1973 and applies to all levels of tennis around the world – singles, wheelchair tennis, team and family tennis – from beginners to the biggest professional tournaments.
- Professional tennis: Official sponsor of the French Open since 1973, Sponsor of three ATP Masters 1000 tournaments (BNP Paribas Open Indian Wells, Rolex Monte Carlo Masters, Internazionali BNL d’Italia in Rome), the Open 13 Provence in Marseille, the Moselle Open in Metz and the BNP Paribas Nordic Open in Stockholm (ATP250), the Internationaux de Strasbourg (WTA500);
- Wheelchair tennis: Title partner of the BNP Paribas World Team Cup; partner of the French Riviera Open, the WJP Challenge Tennis and the Swiss Open Geneva;
- Junior and University tennis: Partner of the French Federation of University Sport and the BNP Paribas Master’U since 1993;
- Amateur tennis: Sponsor of the BNP Paribas Family Trophy and the National Tennis Cup and partner with numerous amateur tournaments supported by the bank around the world;
- Support for younger generations: BNP Paribas supports more than 160 young tennis and wheelchair tennis hopefuls in building their careers through its “Team BNP Paribas Jeunes Talents” programme in France (under the patronage of Jo-Wilfried Tsonga in association with the FFT), the United States (with John and Patrick McEnroe), Belgium (under the patronage of Justine Henin) and Italy, Poland, Canada, Japan and Portugal. BNP Paribas has also been a partner in the selection of ball boys and girls at the French Open for 25 years.
- Solidarity-based tennis: A driver of social projects linked to tennis alongside more than 20 national tennis federations and dozens of charities, based on a conviction that tennis is an even better sport when it is collective and geared towards young people.
- At the initiative of the “#FAAPointsForChange” programme in partnership with young Canadian Félix Auger-Aliassime and the solidarity programme “Points For Change” for the inclusion of young generations through sport;
- Partner CityParks Tennis charity in the United States. This program in New York City provides free tennis lessons to more than 6,000 children between the ages of six and 16 within the five boroughs of New York City. The program is active in more than 39 parks across the five boroughs, including the BNP Paribas Aces Tennis Program for advanced junior players. The Bank supports hundreds of other community tennis initiatives around the world.
- Sport in the workplace: The BNP Paribas internal tournament (We Are Tennis Cup) is one of the world’s leading corporate sporting events (3,500 participants each year with 2.5 million fans worldwide).
- In 2011, BNP Paribas created wearetennis.com – a platform dedicated entirely to tennis news, providing a constant flow of information covering players and tournaments around the world;
- The website and its associated social networks (Facebook, X, Instagram, Threads, TikTok & YouTube) underscore BNP Paribas’ commitment to the world of professional tennis.
- Also in the US, the Bank provides ongoing support toward the heritage and history of tennis through its sponsorship of the International Tennis Hall of Fame located in Newport, Rhode Island.
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 63 countries and has nearly 183,000 employees, including more than 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.
- Since 2020, BNP Paribas has supported Canadian tennis player Félix Auger-Aliassime in the deployment of his #FAAPointsForChange humanitarian project in support of youth in Togo
- Since its inception, BNP Paribas, has been a committed partner to #FAAPointsForChange, to support future generations, both in the world of tennis and beyond
New York, NY / Indian Wells, CA, March 10, 2025 – Since 2020, BNP Paribas has supported Félix Auger-Aliassime, a 24-year-old player ranked 18th in the world, in his commitment to building a better future for youth in the West African nation of Togo, his father’s home country. Félix Auger-Aliassime has pledged to donate $5 for each point he wins during the tournament and BNP Paribas will match it with $15 per point.
During the first five years of the program, money raised financed initiatives to improve the conditions of young people in the Kara region of Togo. The project focused on the protection of children’s rights and access to education and sport, benefiting more than 20,000 people.
At the beginning of 2025, Félix Auger-Aliassime, in collaboration with BNP Paribas, decided to enhance the program to support students who are further along in their academic careers, namely deserving students from disadvantaged rural backgrounds in their university academic journey.
Excellence scholarships will be awarded to 30 students enrolled in a bachelor’s or master’s program at the University of Lomé in Togo to cover their tuition and living expenses. The students will also benefit from mentoring programs and extracurricular activities, facilitating their studies and professional growth.
The main eligibility criteria for applicants will include academic merit, the student’s economic situation, their motivation to succeed, and their desire to engage and give back to their communities.
A selection committee will evaluate the applications and choose the 30 laureates after an individual interview. The scholarship will be awarded for one year and is renewable under the condition of maintaining good academic performance.
This program will be deployed with the logistical support of the King Baudouin Foundation, a public utility foundation that will collect donations and ensure their proper use by the local association “Les Salésiens Coopérateurs de Don Bosco.” Recognized in Togo since 2010, this association works for the development of children and young people in several regions of Togo. It will manage the student selection process, daily support for scholarship recipients, and the extracurricular mentoring program.
Félix Auger-Aliassime visited Togo at the end of last season to refine the details of this new program, in collaboration with BNP Paribas and various stakeholders. This year, Felix wishes more than ever to contribute to the future of young generations, especially the most disadvantaged, a commitment that echoes BNP Paribas’ corporate mission to support young generations worldwide to enable them to build a better future and live their dreams.
Félix Auger-Aliassime, tennis player ranked 18th in the world, said: “The involvement of BNP Paribas in this venture is essential. Together, we have been able to raise several hundred thousand dollars to support a cause that is close to my heart. For me, it is a great way to add meaning to my tennis successes and contribute to something close to my heart. I also hope to inspire other young people to give back, as I have been inspired by my family and other athletes.”
Vincent-Baptiste Closon, Head of Sponsoring Tennis for BNP Paribas, said: “The genesis of the project is based on our ambition at BNP Paribas to support those who want to make a difference and have a positive impact on the world. It is in this spirit that we met Félix, driven by the same desire to make a difference through his tennis career. Together, we have created a charitable initiative that goes far beyond sports. This project is part of a transmission approach: those who receive today learn to give tomorrow, creating a truly virtuous circle.”
-ends-
Press Contact:
BNP PARIBAS
Guy Taylor
Media Relations
+1 (332) 323-3704
Guild.Taylor@us.bnpparibas.com
About BNP Paribas and tennis
BNP Paribas is a major partner of world tennis, with a historic commitment that began in 1973 and applies to all levels of tennis around the world – singles, wheelchair tennis, team and family tennis – from beginners to the biggest professional tournaments.
- Professional tennis: Official sponsor of the French Open since 1973, Sponsor of three ATP Masters 1000 tournaments (BNP Paribas Open Indian Wells, Rolex Monte Carlo Masters, Internazionali BNL d’Italia in Rome), the Open 13 Provence in Marseille, the Moselle Open in Metz and the BNP Paribas Nordic Open in Stockholm (ATP250), the Internationaux de Strasbourg (WTA500);
- Wheelchair tennis: Title partner of the BNP Paribas World Team Cup; partner of the French Riviera Open, the WJP Challenge Tennis and the Swiss Open Geneva;
- Junior and University tennis: Partner of the French Federation of University Sport and the BNP Paribas Master’U since 1993;
- Amateur tennis: Sponsor of the BNP Paribas Family Trophy and the National Tennis Cup and partner with numerous amateur tournaments supported by the bank around the world;
- Support for younger generations: BNP Paribas supports more than 160 young tennis and wheelchair tennis hopefuls in building their careers through its “Team BNP Paribas Jeunes Talents” programme in France (under the patronage of Jo-Wilfried Tsonga in association with the FFT), the United States (with John and Patrick McEnroe), Belgium (under the patronage of Justine Henin) and Italy, Poland, Canada, Japan and Portugal. BNP Paribas has also been a partner in the selection of ball boys and girls at the French Open for 25 years.
- Solidarity-based tennis: A driver of social projects linked to tennis alongside more than 20 national tennis federations and dozens of charities, based on a conviction that tennis is an even better sport when it is collective and geared towards young people.
- At the initiative of the “#FAAPointsForChange” programme in partnership with young Canadian Félix Auger-Aliassime and the solidarity programme “Points For Change” for the inclusion of young generations through sport;
- Partner CityParks Tennis charity in the United States. This program in New York City provides free tennis lessons to more than 6,000 children between the ages of six and 16 within the five boroughs of New York City. The program is active in more than 39 parks across the five boroughs, including the BNP Paribas Aces Tennis Program for advanced junior players. The Bank supports hundreds of other community tennis initiatives around the world.
- Sport in the workplace: The BNP Paribas internal tournament (We Are Tennis Cup) is one of the world’s leading corporate sporting events (3,500 participants each year with 2.5 million fans worldwide).
- In 2011, BNP Paribas created wearetennis.com – a platform dedicated entirely to tennis news, providing a constant flow of information covering players and tournaments around the world;
- The website and its associated social networks (Facebook, X, Instagram, Threads, TikTok & YouTube) underscore BNP Paribas’ commitment to the world of professional tennis.
- Also in the US, the Bank provides ongoing support toward the heritage and history of tennis through its sponsorship of the International Tennis Hall of Fame located in Newport, Rhode Island.
These various communications initiatives ensure that tennis is a fantastic vehicle for the brand image of BNP Paribas:
- In 2023, BNP Paribas was considered the leading sponsor of tennis in the minds of the French (31% spontaneous recognition, rising to 48% among tennis fans). Source: CSA/2023
- 58% of tennis fans believe that BNP Paribas’ partnership with tennis gives a better image of the brand. Source: CSA/2023
- 7/10 is the score given to BNP Paribas by those familiar with We Are Tennis (i.e. 73% of tennis fans). This is 1.2 points more than for all French people. Source: CSA/2023
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 63 countries and has nearly 183,000 employees, including more than 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.
David O’Connor, Analyst with BNP Paribas Exane, appeared on Bloomberg TV’s “Open Interest” spoke with anchors Sonali Basak, Matt Miller and Katie Greifeld about NVIDIA’s latest earnings report. You can watch the full interview here [17:00].
Key Hires Demonstrates Bank’s Mission to Further Strengthen Americas Client Franchise
BNP Paribas, the European Union’s leading global bank, announced today the appointment of Guneet Dhingra as Head of US Rates Strategy and James Egelhof as Chief US Economist for Markets 360™, the bank’s market strategy and economics division.
Guneet Dhingra has joined as Head of US Rates Strategy. He is responsible for BNP Paribas’ coverage of US rates products, including Treasuries, swaps, inflation, and volatility. Mr. Dhingra joins BNP Paribas after 16 years at Morgan Stanley, where he held numerous roles within the rates space, most recently as Head of US Rates Strategy. He has consistently been one of the top-ranked US rates strategists in the Institutional Investor survey, and he has been Wall Street’s top inflation strategist for the past five years running. Mr. Dhingra is based in New York.
James Egelhof has joined as Chief US Economist. He is responsible for BNP Paribas’ coverage of the US economy, including forecasting growth, inflation, and monetary policy. Most recently, Mr. Egelhof led fundamental global macro research at Jane Street. Before entering the private sector, Mr. Egelhof spent a decade at the Federal Reserve Bank of New York, where he led a quantitative multi-asset research team focused on monetary policy strategy and analysis of global markets. Mr. Egelhof is also based in New York.
Mr. Dhingra and Mr. Egelhof will report to Calvin Tse who is appointed Head of Americas Macro Strategy and US Economics, expanding his remit to include US economics.
John Gallo, Head of Global Markets Americas and Global Head of Institutional Client Group at BNP Paribas, said: “Guneet and James’ thought leadership and knowledge of US markets will be extremely valuable to the corporate and institutional clients and investors that we help navigate global markets. Their expertise aligns with our ambition to provide best-in-class insights and strategies for our clients. These additions underscore our commitment to deepening our capabilities in the US market and delivering value to our clients worldwide.”
Luigi Speranza, Head of Markets 360 and Chief Economist at BNP Paribas, said: “The appointments of Guneet and James will enhance our ability to anticipate and respond to market developments. They have the skills and experience to provide our clients with sharp insights into the evolving market landscape, reinforcing BNP Paribas’ role as a trusted partner in an increasingly complex global economic and market environment.”
Calvin Tse, Head of Americas Macro Strategy and US Economics at BNP Paribas, said: “We are excited to welcome Guneet and James to the Markets 360 platform. Their expertise will continue to strengthen our commitment to offer clients a holistic view of topics that matter most to them. We look forward to their contributions to our strategic goals and support our growth in the US market.”
About Markets 360™
Markets 360™ is BNP Paribas’ revamped Strategy & Economics division, aiming to provide institutional investors, including corporate clients, with top quality market views and thought leadership in a timely manner. Markets 360™ brings Strategy and Economics together in thematic notes across asset classes. Markets 360™ strives for its market insights to be evidence-based, building on quantitative and data analysis. Its unique offering is Quantitative DNA, Emerging Markets strength, Sustainability analysis, Credit expertise and Derivatives proficiency.
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 63 countries and has nearly 183,000 employees, including more than 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.
Contacts
Press:
Claire Schiff
+1 (646) 634-4042
Claire.Schiff@us.bnpparibas.com
Guy Taylor
+1 (332) 323 3704
Guild.Taylor@us.bnpparibas.com
Low levels of high yield spreads have led to impressive issuance as some investors look to lock in funding at current spread levels. Post-global financial crisis, many investors avoided the fixed income markets, but are now being attracted to the market looking for yield, which is at its best level in 15 years. Meghan Robson, BNP Paribas Head of US Credit Strategy and Dominique Toublan, Barclays Head of US Credit Strategy discuss with Sonali Basak how reduced policy uncertainty post-election has led to current spreads, and how future supply may be impacted, on “Bloomberg Markets”. (Source: Bloomberg)
If you thought internships at US banks were the only ones with hundreds of applicants per role in New York, you’d be mistaken. BNP Paribas, which had a rather successful second quarter, has been trying to establish itself as the tier one European bank, and its internship application figures reflect that ambition.
A spokesperson for BNP Paribas informed eFinancialCareers that BNP’s 2024 Americas summer internships had more than 37,000 applications for just 168 positions. This gives the French bank an acceptance rate of 0.4%, or an average of around 220 applicants per position.
Globally, Goldman Sachs has an application acceptance rate of 0.95% for 3,000 internships, while JPMorgan has an acceptance rate of 0.81% for 4,000. Figures are not known for the two banks’ acceptance rates for Americas internships specifically.
It’s also worth noting that applications per role, may not necessarily mean applicants per role, as individual students can apply to more than one internship. Trackr data suggests that students looking for internships in banking make 68 applications each on average, though it’s not clear how many applications they make per company.
BNP says that, including off-cycle internships, it had 39,490 applicants for 173 positions. This would mean its winter internships had roughly 2,490 applicants for just five roles, a 0.2% acceptance rate. Take that as a warning if you think missing summer intern application deadlines will be fine because ‘there’s gonna be off-cycle internships anyway.’
Read the story on eFinancialCareers: A European bank has more exclusive internships than Goldman Sachs and JPMorgan
Combining traditional investing techniques with AI technology, new Index provides comprehensive view of cross-asset market trends built on millions of data points
SÃO PAULO & SAN FRANCISCO & NEW YORK — BNP Paribas, Europe’s leading global bank, and QuantumStreet AI, a global leader in the field of AI-powered investment solutions, are today announcing the launch of a proprietary new BNP Paribas Cross Asset Trend and AI Index in Brazil with global plans.
The BNP Paribas Cross Asset Trend and AI Index is designed to combine traditional trend-based investing techniques with the AI-powered approach of trend-following signals powered by QuantumStreet AI, which are designed to identify cues that might otherwise be missed to allow for the targeting of optimal allocations across global asset classes. The strategy underpinning this Index captures a broad range of available information by leveraging both past data and forward-looking indicators via AI analysis. QuantumStreet AI utilizes IBM watsonx as the foundation for its generative AI platform.
By incorporating BNP Paribas’ proprietary trend analysis, leveraging its award-winning indexing capabilities and QuantumStreet AI’s renowned machine learning models for institutional investors, the index aims to provide a comprehensive view of cross-asset market trends, including equities, fixed income, and commodities and across geographies covering equities and bonds in the U.S., Europe and Japan. The BNP Paribas Cross Asset Trend and AI Index will be used to provide the basis for global structured products being made available to BNP Paribas’ clients, offering investors a unique perspective and way to access market trends and emerging opportunities.
XP, a leading, technology-driven platform and provider of financial products and services in Brazil, offers the BNP Paribas Cross Asset Trend and AI Index on its platform, providing investors with diversified financial products that are at the forefront of global innovation.
Adil El Batji, Head of Global Equities, Americas at BNP Paribas said, “BNP Paribas’ collaboration with QuantumStreet AI highlights the bank’s commitment to fostering innovation and exploring new avenues for enhancing investment strategies. This collaboration brings together the knowledge of two industry leaders to provide clients with cutting-edge quantitative investment solutions that leverage data-driven insights to optimize portfolio performance and transform the investment landscape.”
Chris Natividad and Subhra Tripathy, Principals at QuantumStreet AI added, “We are thrilled to be working with BNP Paribas on the introduction of this new Index. It is ever so important to identify and harness consistent sources of return within a systematic framework, and AI driven approaches provide a solid basis for that. We look forward to strengthening our relationship and serving the bank’s global client base.”
Raj Datta, Vice President, ISV and AI Partnerships, IBM added, “Collaborating with QuantumStreet AI enables institutions to access AI-driven investment solutions with watsonx. Such relationships are a way forward for rapid innovation and to build trusted AI.”
Victor Vallim, Head of Structured Note Distribution and Partner at XP said, “We are confident in the work we are doing with BNP Paribas and QuantumStreet AI regarding the BNP Paribas Cross Asset Trend and AI Index, which offers innovation and capability into a single product. The low volatility of the index generates optimal conditions for access through XP’s Structured Notes, which can have the potential to provide high minimum rates of return or elevated leverage over a predefined period. This characteristic creates the variety of structures that could benefit different client profiles throughout the ecosystem.”
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 63 countries and has nearly 183,000 employees, including more than 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.
About QuantumStreet AI
QuantumStreet AI is an IBM Business Partner focused on fintech and a leading global provider of AI powered investment solutions. Combining latest AI methodologies with deep financial domain expertise it develops and deploys differentiated investment strategies. Its proprietary platform continually models 60,000 securities around the world, processing vast amounts of structured and unstructured data in twelve global languages. QuantumStreet partners with the world’s leading institutions to jointly develop investment products that are distributed in every continent.
www.quantumstreetai.com
About BNP Paribas Cross Asset Trend and AI Index
For additional information and relevant disclaimers, please click here.
Press Contacts:
BNP Paribas:
Claire Schiff
claire.schiff@us.bnpparibas.com
BNP Paribas Brazil:
NOVA PR
imprensa.bnpparibas@novapr.com.br
QuantumStreet AI:
Chris Sullivan
chris@craftandcapital.com
Jean-Yves Fillion joins CNBC’s Brian Sullivan on “Last Call” to discuss CHIPS, IRA, Infrastructure, and other topics at the BNP Paribas Open
Click here: CHIPS, IRA & Infrastructure Acts driving interest in domestic investment: BNP Paribas’ Fillion (cnbc.com)
New York, March 11, 2024 – BNP Paribas, Europe’s leading global bank, today announces the appointments of two senior level executives to its Global Banking unit within the Corporate & Institutional Banking (CIB) group:
Steven Coburn is appointed to Head of Consumer & Retail, North America. Steve was previously with Wells Fargo, where he spent 24 years in Investment Banking, most recently leading the group’s efforts in the Food & Beverage sector. Before that, he spent time at Bear, Stearns, Inc. and Accenture. Steve received a BA from the University of South Carolina and an MBA from the Kellogg School of Management at Northwestern University.
Edward Witz is appointed to Head of Industrials, North America. Ed was previously at Barclays Investment Bank for 16 years most recently as Global Head of Automotive, and before that at Credit Suisse for eight years. He has also worked at Lehman Brothers and Goldman Sachs, with a focus on Industrials & M&A. Ed received his BA from Colgate University and his MBA from Northwestern University.
Both Steve and Ed will report to Chris Blum, Head of Corporate Clients Group and Sectors & Advisory, North America. The team will be responsible for driving the growth of the investment banking and corporate banking coverage teams within their respective sectors with a particular focus on the Trans-Atlantic Corridor.
George Holst, Global Head of Corporate Clients Group and Sectors & Advisory at BNP Paribas, said:“The Trans-Atlantic corridor is essential to BNP Paribas’ global strategy and a focal point of our group. Many of our clients are based in the Eurozone and want access to the deep, US markets, so it is imperative we continue to build on our capabilities and strengthen the platform, which today’s appointments do. By further expanding our banking services in the Americas, which is one of our main goals in our 2025 plan, we can more efficiently serve our clients across our many businesses.”
Chris Blum, Head of Corporate Clients Group and Sectors & Advisory, North America at BNP Paribas, added: “We warmly welcome Steve and Ed to BNP Paribas and look forward to working with them to build upon the strong platform already in place in North America. Drawing upon over 50 years of combined experience, they will help their teams raise the bar in sectors critical to our regional and global growth ambitions. In addition, their wealth of knowledge will be invaluable as we continue to strengthen our leadership capabilities and deliver on our strategy within the region.”
BNP Paribas CIB group is a globally recognized leader offering Corporate and Institutional clients capital markets, securities services, financing, treasury and advisory solutions, among others. The group operates in 53 countries with over 20,000 clients and 38,000 employees worldwide. The bank’s Corporate Clients Group (CCG) is a global team that brings together the Corporate Coverage, Industry Groups, M&A, and local Advisory teams. CCG is responsible for strengthening the dialogue and connections between its corporate clients and giving them sectorial and transactional content, along with access to the full range of Group banking and non-banking solutions. CCG leverages its global network with a local presence, giving clients, many headquartered in the US, access to the global markets.
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Press Contacts:
Guy Taylor
+1 (332) 323-3704
guild.taylor@us.bnpparibas.com
Mylene Benmoussa
+1 (646) 322-5221
mylene.benmoussa@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 185,000 employees, including more than 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.
Stefan Slowinski, Global Head of Software Research at BNP Paribas Exane, discusses Salesforce’s earnings report. Click here to view the full segment.