Jean-Yves Fillion, CEO of BNP Paribas USA and Head of CIB Americas, appeared on Fox Business’ “Mornings with Maria” program on February 9 to discuss the Bank’s global performance and presence in the U.S.

The conversation covered the Bank’s reaction to Brexit and the Euro, as well as the role BNP Paribas will play in President Trump’s proposed trillion-dollar infrastructure plan.

BNP Paribas and Treasury Today will host an exclusive webinar “Managing the Almighty Greenback – Optimizing your US Dollar Cash Flows Globally” on Wednesday, January 18 at 11:00 a.m. EST.

The US dollar continues to be the most dominant currency for global trade, and as a result multinationals are forced to manage significant US dollar flows. But how can treasury teams do this effectively across different regions, time zones and regulatory environments?

In this webinar, BNP Paribas will discuss key considerations for corporates when determining how to effectively manage US dollar flows and, by leveraging best-in-class case studies, explore what models might best suit your organization.

Facilitated by John Nicholas, Research Director at Treasury Today, the webinar will feature:

  • Jan Rottiers, Head of Liquidity Management Products & Projects, BNP Paribas Fortis
  • James Santoro, Head of Liquidity & Investment Advisory Americas, BNP Paribas Corporate & Institutional Banking
  • Walid Shuman, Head of Cash Management Americas, BNP Paribas Corporate & Institutional Banking

Click here for more details and to register.

If you have any questions, please contact trade.treasury.solutions@us.bnpparibas.com.

BNP Paribas’ Innovation Zone at our US headquarters in New York was featured in a recent photo essay on Bloomberg.com entitled “A Look Inside Wall Street’s Innovation Labs”. The essay provides an inside look at in-house innovation spaces among some of the major banks and exchanges in the U.S.

Located on the 30th floor at 787 Seventh Avenue, the zone provides a central environment for staff, clients and partners to come together and develop cutting-edge ideas and solutions. The design of this 5,000 square-foot space is industrial inspired, consisting of a collaborative open plan layout with a large pantry, a social space offering flexible work areas and a dedicated incubation space called “The Lab.” The location includes lots of seating space, free drinks and vending machines full of snacks.

The Innovation Zone made its debut in September with the Bank’s first Blockchain Bizhackathon event in the Americas. To take a look back at that event, click here.

Click here to view the photo essay on Bloomberg.com.

gcus
Click on the image for full details

The results of the 2016 Global Custodian Agent Banks in Major Markets survey have been published and, for the second year in a row, BNP Paribas has received the highest local market scores in the U.S.

The survey asks network managers and operations executives from leading global custodians, correspondent banks, brokers and infrastructure providers to evaluate the performance of their subcustodian agents in various markets.

BNP Paribas was rated in six categories (Settlement, Asset Servicing, Relationship & Client Service, Technology, Ancillary Services and Value Delivered), achieving a score of 6 and above (out of 7) in every category – the only bank surveyed to have scores above 6.

Notably, the very highest rating for BNP Paribas was in the category of Relationship and Client Service. We are particularly proud of this because it speaks to our dedication to providing the best experience to our clients.

Learn more about the results by watching the video below.

BNP Paribas and Bank of the West are proud that three of our women leaders have been named in American Banker’s 14th annual “Most Powerful Women in Banking” issue for 2016: Nandita Bakhshi, President & CEO of Bank of the West; Michelle Di Gangi, Head of Small and Medium-Size Enterprise Banking at Bank of the West; and Claudine Gallagher, BNP Paribas Head of Securities Services North for America.

Ms. Bakhshi was named as the No. 1 “Women to Watch” in American Banker’s October 2016 issue, and is profiled in a feature entitled “Master Navigator” that chronicles her career path from bank teller to her selection as President & CEO of Bank of the West.

Ms. Di Gangi was also named in the “25 Women to Watch” list, recognized for building Bank of the West into a force in small- and midsize-business lending. For four straight years, Bank of the West has been the nation’s fastest-growing lender to small and midsize firms, according to the FDIC.

Ms. Gallagher was selected to the “Most Powerful Women in Finance” list for building BNP Paribas’ custody presence in the U.S. from the ground up – from zero assets under custody as late as 2010 to $233 billion of assets under custody in 2015 – and continuing to win the business of several major U.S. clients.

All three women leaders were honored at the Most Powerful Women in Banking & Finance dinner October 6 in New York City, where Ms. Bakhshi served as a featured speaker at the event.

Click here for more on Ms. Bakhshi’s remarks.

Nandita Bakhshi, Michelle Di Gangi and Cluadine Gallagher at the American Banker Most Powerful Women in Banking & Finance Dinner
Nandita Bakhshi, Michelle Di Gangi and Claudine Gallagher at the American Banker Most Powerful Women in Banking & Finance Dinner

BNP Paribas, as Administrative Agent and lead bank, recently closed a credit facility for the State of Connecticut’s first Pay-for-Success Project (the “Connecticut Family Stability Pay for Success Project”), launched by the Connecticut Department of Children and Families. BNP Paribas is supporting this project in partnership with Social Finance Inc., Family-Based Recovery at the Yale Child Study Center, University of Connecticut Health Center, the Harvard Kennedy School Government Performance Lab, White & Case, Jones Day, and other participating lenders.

Pay-for-Success contracts, also known as “Social Impact Bonds,” are innovative public-private partnerships that combine nonprofit expertise, private sector funding, and independent evaluation to transform the way governments respond to chronic social problems. Through this model, private capital is raised to cover upfront costs for high impact programs while repayment to private investors only occurs if the program meets predetermined performance outcomes. Independent evaluators measure the effects of the program based on specific metrics that benefit both individuals and society.

The Connecticut Family Stability Pay for Success Project provides $11.2 million of private capital to support new intervention teams delivering “Family-Based Recovery” treatment to families with children aged six years or younger. Each team will visit a client’s home several times per week to promote positive parent-child interactions, increase parental understanding of child development, and assist parents on their path to substance use recovery. The project is designed to help ensure family stability and keep children with their parents.

Jean-Yves Fillion, CEO of BNP Paribas USA and Head of the Americas, Corporate & Institutional Banking said, “Our aim is to drive social change by creating well-structured and targeted investments as solutions to pressing social, economic and environmental issues. This innovative pay-for-success model demonstrates our ability to impact local communities and underscores our mission as a sustainable and responsible financial institution.”

In addition to BNP Paribas, participating lenders include QBE Insurance Group Limited, The Reinvestment Fund, Doris Duke Charitable Foundation, Laura and John Arnold Foundation, Nonprofit Finance Fund, and two anonymous family foundations.

BNP Paribas is committed to financing sectors that have significant positive impacts on local job creation and the strengthening of society. As of June 30, 2016, BNP Paribas had €840 million of commitments in support of social entrepreneurship and microfinance, serving approximately 900 clients and partners. In 2015, BNP Paribas also provided 470,900 people with access to financial education programs.

About BNP Paribas Group
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 189,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the 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 Contact
Cesaltine Gregorio
Phone: +1 212 841 3719
Email: cesaltine.gregorio@us.bnpparibas.com
Follow us on Twitter: @BNPPAmericas

BNP Paribas announces that on Sept 7 & Sept 8 2016 it will host its first Blockchain Bizhackathon in New York for the Americas platform. In recent years the bank has focused on new technologies, invested in a dedicated Blockchain team of developers and managers and held multiple Bizhackathon events in Europe.

BNP Paribas has successfully positioned itself within this space -it is a member of the R3 consortium, European CDC initiative, in addition to being on the Board of Digital Asset Holdings. Thus, this first edition of the Americas Bizhackathon will mark the unveiling of the bank’s new in-house Innovation Lab at their Americas head office in New York. The event will kick-off on September 7th with prominent key note speakers in the Blockchain space:

Dan O’Prey, Chief Marketing Officer – Digital Asset Holdings
Beth Shah, Head of Business Development – Digital Asset Holdings
Todd McDonald, COO & Co-founder – R3
Pascal Bouvier, Fintech Expert and Investor
Yorke Rhodes III, Blockchain Business Strategist – Microsoft

“BNP Paribas focus on new technology has been a priority for decades so we are glad to be hosting the First Americas Bizhackathon in New York. With the creation of our new in-house Innovation Lab we want to initiate a dialogue with our clients around Blockchain and find new solutions to integrate the technology that will allow BNP Paribas to better serve them”, noted Bruno d’Illiers, Deputy Head of CIB Americas, Functions and COO CIB Americas.

Over the course of two days more than 50 participants will gather to explore how this new technology can concretely advance the consumer/ client experience and improve the efficiency of the services offered in different areas of BNP Paribas’ CIB platform. The Americas Blockchain Bizhackathon will bring together renowned experts from the Blockchain community, internal talents from a wide-range of functions and businesses and relevant BNP Paribas clients and vendors.

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.

Press Contact
Mylene Benmoussa
Phone: 212-841-2351 Email: mylene.benmoussa@us.bnpparibas.com
Follow us on Twitter: @BNPPAmericas

BNP Paribas announces the hire of Peter Cooke to serve as General Counsel for its Corporate and Institutional Bank (CIB) in the Americas and for BNP Paribas USA, its intermediate holding company (IHC) housing the Bank’s retail and wholesale operations in the United States.

Mr. Cooke will be based in New York and will report globally to Georges Dirani, Group General Counsel based in Paris, and regionally to Jean-Yves Fillion, CEO of BNP Paribas USA and Head of Americas CIB. Mr. Cooke will lead the legal department across North and Latin America for CIB, as well as oversee external counsel. He takes over the department from the previous General Counsel, Betty Whelchel, who was appointed Head of Public Policy and Regulatory Affairs for the United States earlier this year.

Speaking about Mr. Cooke, Mr. Dirani stated: “Peter’s deep understanding of capital markets and banking combined with his exceptional leadership make him the ideal fit for the Bank in servicing the multi-faceted needs of our client deals and transactions.”

Mr. Fillion added, “I trust that Peter will help us further our regional ambitions to provide our clients with best-in-class service across CIB Americas and Bank of the West.”

Mr. Cooke joins the Bank having previously served as General Counsel for General Electric’s Corporate Treasury. Prior to that, he had also worked at Bear Stearns & Co. where he was International and Derivatives General Counsel. A member of the New York State bar, Mr. Cooke holds a law degree from Leicester University in England.

 

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.

 

About BNP Paribas Group

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 189,000 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.

Follow us on Twitter: @BNPPamericas

New York, NY (July 6, 2016) – BNP Paribas today announced that its Cross-Asset Structured Products Distribution team received six prominent awards from leading industry publications. The awards showcase the Bank’s unique sustainable investment offerings, innovative technology through its SMART derivatives platform and new opportunities for clients in Latin America.

BNP Paribas was honored with the following 2016 awards:

Structured Products Americas Awards

  • Latin America House of the Year
  • Technology Vendor of the Year – Bank (for SMART derivatives)

 SRP Awards – Americas Structured Products & Derivatives Awards

  • Deal of the Year (for Equity-Linked Green Growth Bonds issued by the World Bank)
  • Best Single-Dealer Platform (for SMART derivatives)

mtn-i Awards

  • Latin America Investor Solutions
  • Deal of the Year (for Equity-Linked Green Growth Bonds issued by the World Bank)

“The success of our team is centered around three core pillars. The strength of our dedicated employees who are passionate about growing the business, our solid, unwavering commitment to our diverse client base, and our desire to provide innovative offerings to the market,” said Franck Bertoneche, Head of Cross-Asset Structured Products Distribution Sales for the Americas. “These awards demonstrate our commitment to providing leading products and technology to clients, and our aggressive expansion in the Structured Products space. We plan to continue this momentum as we strengthen and develop our core platform.”

The Americas Structured Products team has grown significantly in the last several years and continues to be a competitive player within the industry. The platform has performed well with some specific projects paving the way for these award wins.

The Structured Products Magazine Awards, the Americas Structured Products & Derivatives Awards, and mtn-i Awards recognize the best buy-side and sell-side firms, as well as identify service providers active in the structured products and derivatives market. They award the top institutions and deals which provided the most compelling investor solutions in the structured products space.

About BNP Paribas

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 189,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the 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.

SAN FRANCISCO – MARCH 16, 2016 –  Bank of the West, a BNP Paribas subsidiary, today announced the appointment of Nandita Bakhshi as President and CEO-designate effective April 1.  Ms. Bakhshi will assume the role of President and CEO on June 1, when current CEO Michael Shepherd, 60, will take on the role of Chairman of BNP Paribas USA, the new holding company for all BNP Paribas subsidiaries in the U.S. Mr. Shepherd will continue to serve as Chairman of BancWest Corporation and of Bank of the West.

“We are pleased to welcome Nandita Bakhshi to Bank of the West.  Her extensive experience in product and distribution, coupled with her visionary thinking, relentless customer focus and values-driven philosophy will serve us well in taking Bank of the West to greater heights,” said Stefaan Decraene, Head of International Retail Banking for BNP Paribas.

“I am very pleased that Nandita Bakhshi is joining Bank of the West,” said Shepherd.  “Her energy, innovative ideas and proven record of accomplishments are a great combination with our strong franchise and corporate culture.”

“I am excited to join Bank of the West, one of America’s most reputable banks.  Bank of the West is well positioned in the U.S. market and I’m thrilled at the prospect of leading an organization with such a strong focus on customer service,” said Bakhshi.

Bakhshi joins Bank of the West from TD Bank, where she held several leadership positions, most recently as Executive Vice President and Head of North American Direct Channels.  In that role, she was responsible for driving innovation in direct and electronic channels to improve digital adoption and provide customers a unified banking experience.  Earlier, she had served as Executive Vice President and Head of Consumer Banking at TD Bank in the U.S., where she led product innovation and delivery across all retail channels, spanning more than 1,300 bank locations from Maine to Florida.

Prior to joining TD Bank, Bakhshi was Executive Vice President of Consumer Deposits and Payments at Washington Mutual in Seattle, now JP Morgan Chase.  A 28-year veteran of the financial services industry, with broad experience in banking, Bakhshi has also held leadership positions at FleetBoston, now Bank of America, as well as at First Data Corp., where she was the managing director of their mobile payments division.  Bakhshi holds a Masters of Arts degree in international relations from Jadavpur University in India.

“Michael has been instrumental in making Bank of the West a leading financial institution known for its financial strength and commitment to its clients and communities,” said Decraene.  “For nearly a decade as CEO, Michael has led the transformation of Bank of the West into one of the leading regional banking organizations in the U.S.”

Shepherd’s career spans senior positions in banking, government and law, including recent service as President of the Federal Reserve Board’s Federal Advisory Council.  He previously worked as General Counsel of Bank of New York and of Shawmut National Corporation and served in government as Senior Deputy Comptroller of the Currency, Associate Counsel to the President of the United States and Deputy Assistant Attorney General.

About Bank of the West
Bank of the West is a regional financial services company chartered in California and headquartered in San Francisco with $75.7 billion in assets as of December 31, 2015. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 offices in 22 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 75 countries with 185,000 employees.

Media Contacts
Lance Berg
415-399-8230
lance.berg@bankofthewest.com

Anita Fox
415-432-3514
anita.fox@bankofthewest.com

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