BNP Paribas Securities Services, a leading global custodian with USD 11.6 trillion in assets under custody*, today announces that it has been appointed as global custodian by Protección S.A. and has successfully onboarded Protección’s foreign portfolio of over USD 7.5 billion in assets.
This is a landmark mandate for BNP Paribas Securities Services in the Hispanic Latam market. Protección S.A. is one of the largest pension funds in Colombia with over USD 31 billion in assets**. One of its main shareholders is SURA Asset Management, which is a subsidiary of SURA Group, one of the largest Latin American financial conglomerates.
Jose Luis Escobar, COO of Protección S.A., commented:
“We chose BNP Paribas as global custodian for our foreign assets because of its global network and ability to help us access overseas markets more efficiently.”
Claudia Calderon, Head of Hispanic Latam at BNP Paribas Securities Services, commented:
“This is prestigious new mandate which highlights the strengths of our offering in Hispanic LatAm. As a growing pension fund with an international outlook, Protección will benefit from our global and multi-local expertise around the world.”
Since 2010, BNP Paribas Securities Services has rapidly expanded in the Americas, launching local custody and clearing in the United States, Brazil, Colombia and Peru.
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 local expertise in 36 countries and a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide.
$500,000 scholarship program in partnership with BNP Paribas provides top-level training at John McEnroe Tennis Academy.
New York, NY, September 8, 2019 – Amid the excitement of the US Open in New York City, tennis greats John and Patrick McEnroe joined Jean-Yves Fillion,CEO of BNP Paribas USA, to announce the first seven scholarship athletes on the Johnny Mac Tennis Project’s TeamBNP Paribas Mac 1 roster on Saturday, September 7, 2019.
Back row: Patrick McEnroe, Matisse Farzam, Olivia Benton, Theadora Rabman, John McEnroe; Front row: Sebastian Sec, BNP Paribas US CEO Jean-Yves Fillion, Joseph Oyebog
This past March, the international bank and longtime tennis sponsor BNP Paribas joined forces with tennis greats John and Patrick McEnroe’s JMTP nonprofit, announcing the inception of the Team BNP Paribas Mac 1 program, backed by a yearly operating budget of $500,000. The program provides 10 young players ages 11-17, with a year of intensive tennis training through the John McEnroe Tennis Academy (JMTA) at Sportime Randall’s Island in New York City, under the direct supervision of Patrick and John McEnroe. The program also increases access to local, national and international tournaments and assist players in preparing for the demands of collegiate and professional tennis.
International bank BNP Paribas has been a dedicated partner to world tennis since 1973. The BNP Mac 1 program joins the “BNP Paribas Young Talent Team” suite of programs, launched in May 2018 with Jo-Wilfried Tsonga, and the French Tennis Federation, and including the “BNP Paribas Kids Fête le Mur Team” partnership with Yannick Noah.
“We’re incredibly excited to partner with BNP Paribas, a loyal and longtime supporter of tennis around the world, to provide the opportunity for young Americans to succeed at the highest levels of the sport,” said John McEnroe, Co-Founder of JMTA and JMTP. “Growing tennis in America, and particularly in my hometown of New York City, is a passion of mine, and I’m grateful for the support that BNP Paribas is providing to these talented young players on the BNP Paribas Mac 1 team, who really are poised to become the next big names in the game.”
“The partnership between the Johnny Mac Tennis Project and BNP Paribas on the BNP Mac 1 program is a major step in our mission of providing opportunity to kids who might not otherwise have a chance to advance to the apex of this great sport,” said Patrick McEnroe, Co-Director of JMTA and President of JMTP. “This program will address a major challenge to many young American tennis hopefuls, the cost of training and high-level tournament play. John and I are delighted to be working with BNP Paribas to support youth tennis and help mint the next great American tennis champion.”
The BNP Paribas Mac 1 Team roster includes the following players. Information about each player is featured in the “Player Cards” section of JMTP website. (Click here to download full set of Player Cards, or on names below for individual cards):
§Olivia Benton, 12, “This scholarship allows me to train and will help me not only with my pursuit of tennis, but throughout all aspects of my life.”
§Sebastian Sec, 15, “I really don’t know where I would be without this scholarship. I would love to be able to play professional tennis, or even just play at a Division 1 college.”
§Theadora Rabman, 14, “I love the John McEnroe Tennis Academy and could not be where I am today without it! I love how I can compete while still making amazing friends.”
§Joseph Oyebog, 11, “Tennis is the most important thing in my future. I am so appreciate of the BNP Mac 1 scholarship because it allows me train more and with stronger, more developed players and it will enable me to travel to tournaments.”
§Matisse Farzam, 12, “I’m always happy and feel at home on a tennis court. JMTA has helped me improve all aspects of my game and I love the atmosphere.”
§Summer Chandler, 11, “The Johnny Mac Tennis Project has helped me pursue my tennis dream with access to courts, amazing trainers and really great coaches.”
§Darren Huang, 12, “Receiving the BNP Mac 1 scholarship is a privilege and an honor. I will use it as motivation to be the best I can be, both in tennis and as a person”
Jean-Yves Fillion, CEO of BNP Paribas USA, added: “We are delighted to be supporting this program with the goal of developing tomorrow’s future tennis stars, and are honored to be partnering with Patrick and John to make this happen. This community-focused initiative is closely aligned with our many other tennis programs that use tennis to promote opportunity, equality and local engagement.”
Team BNP Paribas Mac 1 participants have been selected based on athletic criteria and financial need, as well as attitude, team-involvement and academic outcomes. The selection committee is composed of John McEnroe,Co-Founder of JMTA and JMTP and Mentor of the“Team BNP Paribas Mac 1”; Patrick McEnroe,President of JMTP and Co-Director of JMTA; and Lead Coach for the“Team BNP Paribas Mac 1”; Jordan Botjer,Executive Director of JMTP, Caryn Epstein,Head of Events and Sponsorships Americas at BNP Paribas. Scholarships are renewable annually at the discretion of the Selection Committee up to a maximum of 3 years.
PHOTO CAPTIONS(Credit: André Whitehead, NeON Photographers):
Deep caption: On Saturday, September 7, John and Patrick McEnroe announced the roster of BNP Paribas Mac 1 Team youth tennis scholarship players, whose training at John McEnroe Tennis Academy and tournament play will be funded through a partnership between the Johnny Mac Tennis Project and international band and longtime tennis sponsor BNP Paribas.
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 Tour. Furthermore, in 2015 BNP Paribas created the We Are Tennis Fan Academy, which enables fans to express their passion for tennis as never before.
Today more and more corporations are developing corporate social responsibility (CSR) policies that take into consideration factors such as sustainability and the impacts of their actions. BNP Paribas has made CSR a focal point of its business strategy, embedding it into its operations and well as investment and financing strategies. The bank also fosters an environment of diversity and inclusion and encourages employees to take leading roles in its CSR efforts and civic initiatives. For its impressive efforts and accomplishments in these areas, Cardrates.com has recognized BNP Paribas with its Editor’s Choice™ Award for Corporate Social Responsibility.
On December 4, 2018, BNP Paribas visited the Nasdaq MarketSite in Times Square to ring the Opening Bell in celebration of the bank’s lasting partnership with Nasdaq. Bob Hawley, CEO of CIB Americas, was joined by BNP Paribas employees as he rang the Opening Bell to signal the start of the trading day.
Tal Cohen, Head of North American Equities at Nasdaq, kicked off the ceremony by highlighting BNP Paribas’ history and presence in the US and its collaboration with Nasdaq.
Prior to the bell ringing, Hawley gave a few words of thanks to the “tens of thousands of BNP Paribas Group employees, both those in the US and those around the world for their dedication and continued commitment.” He was also presented with the Opening Bell ceremony crystal on behalf of the bank.
The Opening Bell ceremony was broadcast live on Bloomberg, CNBC, Fox Business News and BNN, and was also live-streaming on the Nasdaq Tower in Times Square and on Nasdaq.com. In honor of the occasion, the Bank’s brand was displayed on the Nasdaq MarketSite tower in Times Square.
Photography by Libby Greene/Nasdaq, Inc.
Brazil, September 19, 2018 – BNP Paribas Securities Services, a leading global custodian with USD 11.5 trillion in assets under custody, has been appointed fund administrator for the first fixed income ETF domiciled in Brazil.
With the launch of the Mirae Asset Fixed Income Fund (“MIRAE FIXA”) on the Brazilian Stock Exchange B3 on September 10, 2018, BNP Paribas now serves as the fund administrator and custodian for the fund’s approximately BRL 60 million in assets. BNP Paribas was also instrumental in structuring this new product in the Brazilian market.
BNP Paribas is already a leader in ETF servicing in Brazil, currently providing fund administration and custodial services for over BRL 4.6 billion in equity ETF assets, or approximately 64%* of the equity ETF market in Brazil.
“With this new launch, we are consolidating our leadership role in the Brazilian ETF market, both in terms of volumes and sophistication in the product range we can serve,” said Andrea Cattaneo, Head of Brazil for BNP Paribas Securities Services. “We are proud to have the opportunity to help develop the ETF market in Brazil, which ultimately benefits investors with cost-effective and more transparent investment options.”
BNP Paribas launched securities services in Brazil in 2010, offering custody of assets for foreign and domestic investors, as well as administration and custody of local funds. Today, Brazil is one of 27 countries within BNP Paribas’ expanding proprietary custody network, giving investors access to over 90 markets worldwide.
Notes to editors: *Source: Brazilian Stock Exchange B3
About BNP Paribas Securities Services (http://securities.bnpparibas.com) BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. It had assets under custody of EUR 9.4 trillion as at 31.03.2018. 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 local expertise in 36 countries and 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.
The information contained within this document (‘information’) is believed to be reliable but BNP Paribas Securities Services does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas Securities Services’ judgment and are subject to change without notice. BNP Paribas Securities Services and its subsidiaries shall not be liable for any errors, omissions or opinions contained within this document. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. For the avoidance of doubt, any information contained within this document will not form an agreement between parties. Additional information is available on request.
BNP Paribas Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the European Central Bank (ECB), the ACPR (Autorité de Contrôle Prudentiel et de Résolution ) and the AMF (Autorité des Marchés Financiers).
BNP Paribas Securities Services, London branch is authorised by the ACPR, the AMF and the Prudential Regulation Authority and is subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority and regulation by the Financial Conduct Authority are available from us on request. BNP Paribas Securities Services, London branch is a member of the London Stock Exchange. BNP Paribas Trust Corporation UK Limited (a wholly owned subsidiary of BNP Paribas Securities Services), is incorporated in the UK.
In the U.S., BNP Paribas Securities Services is a business line of BNP Paribas which is incorporated in France with limited liability. Services provided under this business line, including the services described in this document, if offered in the U.S., are offered through BNP Paribas, New York Branch (which is duly authorized and licensed by the State of New York Department of Financial Services); if a securities product, through BNP Paribas Securities Corp. or BNP Paribas Prime Brokerage, Inc., each of which is a broker-dealer registered with the Securities and Exchange Commission and a member of SIPC and the Financial Industry Regulatory Authority; or if a futures product through BNP Paribas Securities Corp., a Futures Commission Merchant registered with the Commodities Futures Trading Commission and a member of the National Futures Association.
New York/Paris, September 13, 2018 – FrenchFounders, a next generation Business Club, and BNP Paribas, a leading European Bank, will host the 2018 Startup Tour Grand Final on September 26 at The Pierre Hotel in New York City.
Earlier this year, more than 180 startups applied to be part of the Tour, and 40 of them were shortlisted to pitch in front of the juries of six major business and innovation centers: Miami, Montreal, San Francisco, Los Angeles, New York and Paris. In 2018, the competition became transatlantic by opening its doors not only to French entrepreneurs wishing to develop in North America, but also to American entrepreneurs wishing to establish themselves in France.
Last year, the winner was Thibault Duchemin, co-founder and CEO of AVA, an artificial Intelligence solution with the mission to make the world 100% accessible to people who are deaf and hard of hearing.
Below are the 9 startups that will compete in the Grand Final:
Mickaël Ohana, Managing Partner, Bandsintown Group
Roger Spitz, Head of Technology, Media & Telecom M&A Advisory Americas, BNP Paribas
Sarfraz Maredia, Regional General Manager, U.S. & Canada Operations, Uber
Valérie Hermann, President Global Brands, Ralph Lauren
In addition, the ceremony will open and close with two roundtables on Climate and Cybersecurity. This year’s Startup Tour has also received the CO2-Neutral certification by CO2logic. For more information on this certification, please visit: https://www.co2logic.com/en/co2-neutral%C2%AE-label
Creates Global Credit Markets Americas, integrating the credit market activities of Global Markets Americas and Global Banking Americas under a single management structure
Organizes origination activities into High Grade Finance, Asset Finance & Securitization and Leveraged Finance
Hires Christopher Blum as Head of Leveraged Finance for North America
New York, July 23, 2018: BNP Paribas, as part of its CIB 2020 development plan, is committed to strengthening and enhancing its credit activities in the Americas as well as expanding and deepening its corporate, institutional and sponsor client base.
In order to streamline the organization to support this growth plan, BNP Paribas has created a new unit called Global Credit Markets Americas bridging the existing credit units of Global Markets Americas and Global Banking Americas. This new unit integrates all primary origination, financing & syndication and secondary sales, trading & research activities across credit products into one platform.
The platform will be headed by Matthew Salvner, with Dan Cozine becoming Deputy Head focused on primary markets activities.
Origination within Global Credit Markets Americas will be reorganized into three areas:
High Grade Finance will include the Bond and Loan Origination & Structuring teams covering Corporate Investment Grade, Financial Institution and Latin American clients.
Asset Finance & Securitization brings together ABS, RMBS & CLO Securitization with the Asset Finance teams covering Power, Infrastructure & Project Finance, Export Finance, Transportation Finance, Metals & Mining Structured Debt, and Asset Based Lending into one platform encompassing all structured debt products.
Leverage Finance will include all leveraged loan and high yield bond activities with both corporate and sponsor clients.
The development of the bank’s presence in leveraged finance and high yield is part of the development plan, and the bank is pleased to announce the appointment of Christopher Blum as Head of Leveraged Finance for North America. In this role, Chris will oversee the growth of all leveraged finance and high yield origination with all sponsor and corporate clients. Chris brings to this role close to 20 years of experience in leveraged finance and high yield, most recently as Co-Head of Leveraged Finance at Deutsche Bank.
Bob Hawley, CEO of CIB Americas, stated: “As part of our regional goals for the Group’s 2020 plan, CIB Americas plans to expand our credit market activities, which include strengthening our origination platform, and as part of that enhancing our Leveraged Finance franchise. This combined origination platform will help us expand domestically in addition to helping us further grow our transatlantic capabilities, where the bank holds leading positions, and continue to support diverse European issuers in the Americas markets and vice versa.”
About BNP Paribas in the USA
BNP Paribas has built a strong and diversified presence in the United States to support its client base. The bank employs over 16,000 people and has had a presence in the USA since the late 1800s. Bank of the West and First Hawaiian Bank (together BancWest, part of Retail Banking & Services) serve nearly 3.5 million individual, wealth and SME clients through a branch network of more than 650 branches and business centers. Large corporate and institutional clients are serviced by BNP Paribas’ Corporate & Institutional Banking franchise that has a presence in the main US cities, in addition to a global reach through a network of offices in EMEA and APAC. The bank also offers asset management services through BNP Paribas Investment Partners (part of Retail Banking & Services) as well as Real Estate and Fleet Services through partnerships. www.usa.bnpparibas About BNP Paribas Group
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending.
BNP Paribas is rolling out its integrated retail banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. www.group.bnpparibas Press Contacts
Mylene Benmoussa
+1 646 322 5221 mylene.benmoussa@us.bnpparibas.com
As BNP Paribas continues to evolve its platform in the region and build on the significant growth to date, as well as reinforce its commitment to clients, it is pleased to announce the appointments of several executive members:
Jean-Yves Fillion: CEO of BNP Paribas USA and CEO of CIB Americas becomes Chairman of CIB Americas and continues to serve as CEO of BNP Paribas USA, BNP Paribas’ intermediate holding company that oversees the bank’s wholesale and retail activities including Bank of the West and First Hawaiian. In these two roles, Mr. Fillion is responsible for the bank’s regional corporate strategy and will sponsor the bank’s relationships with the region’s most important clients and external stakeholders. Mr. Fillion has been with BNP Paribas for 33 years, 26 of which he has spent in the United States between Chicago, Los Angeles and New York.
Bob Hawley: Deputy CEO CIB Americas becomes CEO of CIB Americas. Reporting to Jean-Yves Fillion regionally and to Yann Gérardin, Head of Corporate and Institutional Banking, globally, Mr. Hawley will continue to serve as Head of the Institutional Platform Americas (which includes Global Markets, Securities Services and Financial Institutions Client Coverage) and Head of Global Markets Americas. Mr. Hawley will also be responsible for the Brazilian CIB platform. He has been with BNP Paribas since 1997 in increasing roles within CIB in Tokyo, Hong Kong, London and New York.
Pierre Veyres: is appointed Deputy Head of CIB Americas and Head of the Corporate Platform Americas, (which includes Corporate Coverage, Financing Solutions, Credit and Portfolio Management and Advisory). Reporting to Bob Hawley, Mr. Veyres will be responsible for leading the Group’s strategy to grow the corporate franchise and will be a member of the CIB Americas Executive Committee. He will oversee the CIB platforms in Hispanic LATAM and Canada. Mr. Veyres joins the Americas team from APAC, where he has served as the CEO of the BNP Paribas Singapore branch as well as the Head of Territory for Singapore and Head of CIB Southeast Asia since October 2013.
Philippe Ricard: appointed COO CIB Americas. Mr. Ricard, who’s been in the region since 2017, is replacing Bruno d’Illiers, who is moving to a new role with the Bank in Paris. In his capacity as COO CIB Americas, Mr. Ricard will report to Bob Hawley. Mr. Ricard will continue to serve as COO of BNP Paribas USA, for which he reports to Mr. Fillion. Since joining the Group in 1989, Mr. Ricard has held a wide range of leadership positions across BNP Paribas’ key regions and businesses, most recently as Global Head of Asset and Fund Services within BNP Paribas Securities Services.
Sonja Volpe:Country Head of Canada. Ms. Volpe brings over 17 years of experience covering Canadian financial institutions and public sector clients. She first joined BNP Paribas in 2015 as Head of Financial Institutions Coverage in Canada and has been instrumental in developing the bank’s institutional client franchise in the region. She will continue to drive the bank’s business growth as well as further develop Canada as an operational platform in the region. With over 800 employees in offices in Montreal and Toronto, Canada plays an important role in the Americas.
Thalès Gabay: appointed Head of ALM Treasury CIB Americas. Mr. Gabay is replacing Jonathan Light, who is retiring. Mr. Gabay most recently served as Head of ALMT for APAC, following a successful tenure as Head of ALMT for the Latin America region.
Amanda Rajkumar: appointed Head of Human Resources for BNP Paribas USA and CIB Americas. Ms. Rajkumar brings with her over 25 years’ experience in Human Resources within the investment banking arena. She joined BNP Paribas in May 2009 as Head of HR for BNP Paribas Securities Services in the UK, and most recently, she was responsible for Global Markets and Financial Institutions Coverage Human Resources in London and previous to that headed Global Fixed Income Human Resources for 5 years.
Emmanuelle Bury: appointed Chief Conduct and Control Officer (CCCO) for BNP Paribas USA and CIB Americas. Ms. Bury comes from BNP Paribas Paris, where she was the Global COO for the ALM Treasury Group. She will be joining the CIB Americas Executive Committee and will ensure that all Conduct & Control matters are well incorporated into the governance and working principles of all business lines.
All appointments are effective in June except: Sonja Volpe, effective July 1; Philippe Ricard, effective August 1; and Pierre Veyres, effective September 1.
Yann Gérardin, Head of Corporate and Institutional Banking, said: “BNP Paribas has experienced solid growth over the past few years, and now, backed by the Bank’s commitment to invest substantial capital and resources in our Americas platform, we are poised to elevate our business to the next level. A key factor in our success remains our continued focus on our clients: supporting their needs globally and providing them with strategic guidance. To support this mission we are investing in our leadership, which includes these appointments.“
Jean-Yves Fillion, CEO of BNP Paribas USA & Chairman of CIB Americas, said of the appointments: “BNP Paribas is at a pivotal moment for the Americas platform. As the competitive landscape evolves, our business is well-positioned to continue our strong progress toward becoming one of the top European banks in the region. We have a tremendous opportunity in front of us in both our wholesale and retail businesses as a unified region with a global offering that differentiates the bank in the marketplace. I am excited for what the bank will achieve in the years ahead.”
BNP Paribas has built a strong and diversified presence in the United States to support its client base. The bank employs over 16,000 people and has had a presence in the USA since the late 1800s. Bank of the West and First Hawaiian Bank (together BancWest, part of Retail Banking & Services) serve nearly 2.5 million individuals and businesses through a network of more than 650 branches and business centers. Large corporate and institutional clients are serviced by BNP Paribas’ Corporate & Institutional Banking franchise that has a presence in the main US cities, in addition to a global reach through a network of offices in EMEA and APAC. The bank also offers asset management services through BNP Paribas Asset Management (part of Retail Banking & Services) as well as Real Estate and Fleet Services through partnerships. www.usa.bnpparibas.
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including more than 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
Tuesday, June 12, 2018
Montreal, Canada — BNP Paribas is pleased to announce that effective July 1, 2018, it has appointed Mrs. Sonja Volpe as its new President and Chief Executive Officer for Canada.
Mrs. Volpe will be responsible for overseeing the full breadth of the Canadian business while continuing to lead Financial Institutions Coverage in Canada. She brings over 17 years of experience covering Canadian financial institutions and public sector clients. Mrs. Volpe first joined BNP Paribas in 2015 as Head of Financial Institutions Coverage in Canada and has been instrumental in managing global relationships and developing our client franchise in the region. Prior to joining the Bank, she was a Senior Banker at Citibank Canada.
Sonja Volpe is replacing Monique Vialatou, who becomes Chief Executive Officer of BNP Paribas Switzerland in July 2018.
About BNP Paribas Canada For over 50 years, BNP Paribas in Canada has been helping Canadian businesses and institutions grow by offering them a full range of specialized financial services and investment products throughout its global network. With over 800 employees in offices in Montreal and Toronto, BNP Paribas in Canada combines a clear understanding of the Canadian landscape with global expertise.
About BNP Paribas Group BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. www.group.bnpparibas
Press Contacts
Guild Taylor, Head of Media Relations, BNP Paribas, New York
+1 212 471-6775
Mylene Benmoussa, Media Relations, BNP Paribas, New York
+1 212 841-2351
New York and Denver – BNP Paribas Securities Services, a leading global custodian with over $11.3 trillion in assets under custody, and Janus Henderson Investors (NYSE:JHG, ASX:JHG), today announced that Janus Henderson’s middle and back-office operations in the US have been transferred to BNP Paribas, marking a major expansion of the bank in the country. The transaction was announced on November 9, 2017.
This transaction is part of BNP Paribas’ 10-year strategic build-out of its Securities Services business in the US, and provides the bank with a proven US mutual fund administration and accounting platform.
More than 100 Janus Henderson employees, based in Denver, Colorado, have transitioned to BNP Paribas. The bank is committed to growing its presence in Denver, where its mutual fund administration hub will now be located. Other Securities Services operational hubs in the US include King of Prussia, Pennsylvania for hedge fund administration and Jersey City, New Jersey for custody and clearing.
As part of the transaction, BNP Paribas becomes the fund services provider for Janus Henderson’s US regulated mutual funds, representing $138 billion in assets.
Claudine Gallagher, Head of the Americas for BNP Paribas Securities Services, said: “We have a long-standing relationship with Janus Henderson and are pleased to further this partnership.
“We are also delighted to welcome Janus Henderson’s staff of fund servicing professionals, whose combined expertise will enable us to deliver a seamless transition for Janus Henderson and its clients. As we continue to build out our US business, we will be able to offer the market an integrated middle-to-back office platform, offering ’40 Act fund accounting, fund administration and custody.”
Dick Weil, Co-Chief Executive Officer at Janus Henderson Investors, said: “Having worked closely with the BNP Paribas team on this transaction over the course of the past few months, we have been impressed by their commitment to making this transition a success and feel confident that they will deliver superior service to our clients. BNP Paribas has been an excellent partner. I look forward to extending this in the years ahead.”
With $2.8 trillion in assets under administration, and a global reach covering over 90 markets, BNP Paribas aims to support its clients in realizing their investment opportunities across the world and across all asset classes.
About BNP Paribas Securities Services
BNP Paribas Securities Services, a member of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, BNP Paribas Securities Services provides multi-asset post-trade and asset servicing solutions for buy- and sell-side market participants, corporates and issuers. With a presence in 36 countries and a global reach covering over 90 markets, its network is one of the most extensive in the industry, enabling clients to maximize their investment opportunities worldwide.
About Janus Henderson
Janus Henderson is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, quantitative equities, fixed income, multi-asset and alternative asset class strategies.
As at 31 December 2017, Janus Henderson had approximately US$371 billion in assets under management, more than 2,000 employees and offices in 27 cities worldwide. Headquartered in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX).
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