BNP Paribas Senior US Economist Andrew Husby joins Yahoo Finance’s Josh Lipton on Market Domination to break down the May jobs report, which showed the U.S. economy added 172,000 jobs during the month.
Watch the segment here.
Guneet Dhingra, Head of US Rates Strategy, joined Paul Sweeney and Tom Keene on Bloomberg Radio’s “Surveillance” to discuss the bond market and the outlook for rates. Watch the segment here.
BNP Paribas Senior U.S. Economist Andrew Husby joined Cheddar to discuss the impact of AI on global macroeconomic level. He takes a positive overview claiming that AI will play a transformative role on the U.S. economy in the long-term. According to the bank’s analysis the unemployment rate doesn’t increase drastically and cites AI as a driver for GDP growth.
Watch the interview here.
New York, NY / Indian Wells, CA, March 4, 2026 – BNP Paribas, Europe’s leading financial institution and one of the foremost global sponsors of tennis, announces the start of the 2026 BNP Paribas Open and confirms its enduring commitment to the sport through numerous initiatives. BNP Paribas has supported tennis for over 50 years and aims to promote tennis at every level, including championing accessibility and inclusivity, as well as community programs and professional tournaments.
BNP Paribas believes that tennis has the power to inspire and drive positive change in communities, and is committed to making the sport more accessible. During the 2026 tournament, the bank will implement various local programs that promote community engagement and support important causes, including youth development and education:
- BNP Paribas Open Scholarship Program: Celebrating its 11th anniversary, BNP Paribas is thrilled to expand its scholarship program, increasing the number of recipients from four to ten students from four local Coachella Valley high schools. The recipients will each be awarded $20,000 college grants during a ceremony hosted at La Quinta High School on March 12. They will also be congratulated during an on-court presentation at the BNP Paribas Open on March 14.
- Points for Change: Launched during the 2023 French Open, the “Points for Change” campaign transforms every point scored during all BNP Paribas-sponsored professional tournaments, including the BNP Paribas Open, into donations which benefit local groups by promoting education and inclusion through sport. For the third consecutive year, BNP Paribas Open’s “Points For Change” initiative will donate to the non-profit Girls on the Run Riverside Chapter, serving Riverside and San Bernadino Counties. The final point total at the 2025 BNP Paribas Open was 26,361, resulting in $26,361 for Girls on the Run.
- #FAAPointsForChange: Since 2020, BNP Paribas has supported Canadian Félix Auger-Aliassime (ATP World No. 7) in his commitment to building a better future for youth in the West African nation of Togo. Félix has pledged to donate $5 for each point he wins during the tournament and BNP Paribas will match with $15 per point. In 2025, the program evolved into college scholarships for excellence granted to 30 talented students from rural areas in Togo enabling them to succeed in higher education.
- Team BNP Paribas Young Talents, featuring Team Mac 1: Joining forces with the John McEnroe Tennis Academy to help the next generation of top-level tennis players reach their goals and dreams, this global program provides coaching and financial support to over 150 talented young athletes around the world on the path to professional careers. Players are granted the opportunity to train under the direct supervision of tennis professionals and legends. The program began in 2018 with Jo-Wilfried Tsonga in France and in 2019 with John and Patrick McEnroe in the United States, which provides financial support and trains children 11-17 years old who have the potential to become tomorrow’s champions. The Young Talents Group currently consists of 10 players.
- International Tennis Hall of Fame (ITHF): BNP Paribas is entering its second year of collaboration with the ITHF at the bank’s display in the Sponsor Village of the Indian Wells Tennis Garden. This year’s interactive experience, Letters to Greatness, will be open to the public starting March 1. Fans are invited to record or write their messages of congratulations to the ITHF’s Class of 2026 inductees, Roger Federer and Mary Carillo. On March 5 at 5 p.m., press is invited to attend as ITHF President Patrick McEnroe joins several Hall of Famers in the tent. Press interested in attending should contact ithf@160over90.com to RSVP. BNP Paribas has been a long-term partner with the ITHF supporting the “Legends Ball” in NYC, the induction celebrations, as well as participating as a member of the group’s board. The ITHF is a non-profit organization in Newport, Rhode Island, that preserves the history of tennis and celebrates its champions to inspire excellence across generations globally.
- Ticket Donation: BNP Paribas will again allocate a significant number of BNP Paribas Open tickets to local schools and nonprofit organizations to give young fans the opportunity to experience the thrill of live, professional tennis, a first for many.
- Activations at BNP Paribas Midtown NYC Headquarters and NJ Office: There are several initiatives, including a contest in which employees won the opportunity to attend the tournament as special correspondents; a new partnership with L’Ami Pierre (149 W 51st Street at 6½ Avenue) showcasing Tennis Channel coverage and serving a signature coffee drink and themed pastries; and BNP Paribas Open branded merchandise in exchange for charitable donations for City Parks.
José Placido, CEO of BNP Paribas USA and CIB Americas said: “As a longstanding global sponsor of tennis, BNP Paribas is proud of our role in helping turn the Coachella Valley into the epicenter of the tennis universe where the best players in the world compete. Tennis is part of our DNA and a reflection of our values – through our local and global philanthropic commitments we’re able to support meaningful growth and ambition in tennis at all levels. I am grateful to all our employees and partners, who come together each year to ensure the success of this major tournament, and I look forward to enjoying two weeks of top-level tennis.”
BNP Paribas collaborates with local organizations and schools to support and promote tennis as a sport for all. BNP Paribas recognizes the importance of accessible and inclusive sporting opportunities and aims to contribute to promoting tennis throughout the local community.
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Press Contacts:
BNP PARIBAS
Jelena Nedelka
External Communications
+1 (332) 280 1394
Jelena.Nedelka@us.bnpparibas.com
BNP PARIBAS OPEN
Joe Weinberg
MVT PR
- Professional tennis: main sponsor of Roland-Garros since 1973, sponsor of three ATP Masters 1000 tournaments (BNP Paribas Open in Indian Wells, Rolex Monte-Carlo Masters, Internazionali BNL d’Italia in Rome), of the Grand Prix Aurvergne Rhone Alpes in Lyon and of the BNP Paribas Fortis European Open in Bruxelles (ATP250), of the Strasbourg Internationals (WTA500) and of numerous Challenger tournaments in the secondary professional circuit.
- Tennis en Fauteuil: title partner of the BNP Paribas World Team Cup, partner of the French Riviera Open and the Swiss Open Geneva;
- University tennis: partner of the French University Sports Federation and the BNP Paribas Master’U since 1993;
- Amateur tennis: sponsor of the BNP Paribas Family trophy and National Tennis Cup trophy and partner of more than 1000 amateur tournaments supported by the bank worldwide;
- Corporate sports: The BNP Paribas internal tournament (We Are Tennis Cup) is one of the world’s leading corporate sports events (3,500 participants each year).
About BNP Paribas and tennis
BNP Paribas shares with tennis fans the love of this sport through a historic commitment that began in 1973 and applies to all levels of tennis worldwide: from tennis clubs to tournaments where the greatest players and players compete.
The diversity of BNP Paribas’ commitments demonstrates the Group’s passion for tennis, a true love story that has been growing steadily for more than 50 years. Here is a summary of its current anchors in all its dimensions.
BNP Paribas, a loyal supporter of tomorrow’s tennis for more than 50 years, supports future generations in the belief that tennis is an even more influential sport when it is focused on youth.
- Supporting ambitious new generations:
- BNP Paribas supports more than 150 young tennis and handi-tennis players in their career development, as part of its “Team BNP Paribas Young Talents” program in France (under the mentorship of Jo-Wilfried Tsonga and in association with the French Tennis Federation), the United States (with John and Patrick McEnroe), Belgium (with Justine Henin), Canada (with Félix Auger-Aliassime) and Italy, Poland, and Japan.
- BNP Paribas has also been a partner in the selection of Roland-Garros ball kids for 25 years. Since 2000, more than 6,000 young people have been able to realize their dream by participating in Roland-Garros as ball kids.
- Supporting a more inclusive, accessible and solidarity-based tennis: BNP Paribas is a creator and accelerator of social projects related to tennis alongside more than 20 national tennis federations and dozens of charities:
- The “#FAAPointsForChange” program in partnership with Canadian player Félix Auger-Aliassime was launched in 2020. For every point won on the ATP tour, Félix gives $5 and BNP Paribas adds $15. The money raised is used to finance scholarships for talented students from rural areas in Togo.
- The ‘Points for Change’ program, launched on the occasion of the 50-year partnership with Roland-Garros in 2023, aims to transform the points scored by players on court into solidarity initiatives for the inclusion of young generations through sport. Each point scored on each single match of the professional tournaments partnered by BNP Paribas is valued and converted into funding. This mechanism helped to strengthen the following commitments:
- The historic partnership since 2001 with Yannick Noah’s “Fête le Mur” charity to promote access to tennis among young people from disadvantaged backgrounds.
- “Girls On the Run – Riverside chapter”, a charity based in the Coachella valley. “Girls On The Run” promotes sports for youth by integrating exercise and a research program to improve girls’ living conditions across the United States.
- And many more around the world, in Poland, Italy, the UK, etc.
About BNP Paribas
Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 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, Türkiye, 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.
Meghan Robson, Head of US Credit Strategy at BNP Paribas, joined Bloomberg TV’s Real Yield to discuss the current outlook for credit markets with anchor Scarlet Fu.
Watch the segment here.
Karl Ackerman, managing director of semiconductors and networking hardware at BNP Paribas Research, joins Ed Ludlow and Caroline Hyde to discuss Broadcom on “Bloomberg Tech.”
Watch the clip here.
Isabelle Mateos y Lago, Group Chief Economist at BNP Paribas, joins Bloomberg for a discussion on the global impact of tariffs and what to expect from CPI later this week.
You can watch the interview here.
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.
This Year’s Event Contributes to the Accessibility and Promotion of Tennis
New York, NY / Indian Wells, CA, March 3, 2025 – BNP Paribas, Europe’s leading financial institution and foremost global sponsor of tennis, announces the start of the 2025 BNP Paribas Open and confirms its long-standing commitment to the sport through numerous initiatives. BNP Paribas has been supporting tennis for over 50 years and aims to promote tennis at every level, including championing accessibility and inclusivity, as well as community programs and professional tournaments.
BNP Paribas is a strong believer in the power of tennis and that making it accessible will inspire and bring positive change to communities. The bank’s initiatives reflect that commitment. At the 2025 tournament, the bank will activate many local programs which focus on community engagement and support causes such as youth development and education, among others:
- Points for Change: Launched during the 2023 French Open, the “Points for Change” campaign is now a feature at all BNP Paribas-sponsored professional tournaments, including the BNP Paribas Open. As part of the program, every point scored during these tournaments are transformed into donations which benefit local groups by promoting education and inclusion through sport. 2025 marks the second year during which proceeds from the points scored at the BNP Paribas Open will be donated to the non-profit Girls on the Run Riverside Chapter, serving Riverside and San Bernadino Counties. This results in approximately 125,000 points for the entire tennis season and a point meter is available on the BNP Paribas We Are Tennis website. The final point total at the 2024 BNP Paribas Open was 26,755, resulting in $26,755 for Girls on the Run.
- #FAAPointsForChange: Since 2020, BNP Paribas has supported Canadian Félix Auger-Aliassime (ATP World No. 21) in his commitment to building a better future for youth in the West-African nation of Togo, where his father is from. Félix has pledged to donate $5 for each point he wins during the tournament and BNP Paribas will match with $15 per point. Since the beginning of 2025, the program has evolved into college scholarships for excellence granted to talented students from rural areas, enabling them to succeed in higher education. At the end of 2024, Félix Auger-Aliassime visited Togo to meet various stakeholders working on the project.
- BNP Paribas Open Scholarship Program: Celebrating its 10th anniversary, BNP Paribas is once again excited to award scholarships to four deserving high school students from the local Indio High School. The recipients will be named and each awarded $20,000 college grants during a ceremony at their school on Wednesday, March 12. They will also be congratulated during an on-court presentation at the BNP Paribas Open later that evening.
- Team BNP Paribas Young Talents, featuring Team Mac 1: Helping the next generation of top-level tennis players reach their goals and dreams, this global program provides coaching and financial support to over 160 talented young athletes around the world on the path to professional careers. Players are granted the opportunity to train under the direct supervision of tennis professionals and legends. The program began in 2018 with Jo-Wilfried Tsonga in France and in 2019 with John and Patrick McEnroe in the United States, which provides financial support and trains children 11-17 years old who have the potential to become tomorrow’s champions. The Young Talents Group currently consists of 10 players. In 2025, the Wild Cards for the qualifying rounds are Hanne Vandewinkel from the Belgian Young Talent Team and Theo Papamalamis from the French Young Talent Program who’s currently playing for Texas A&M University. Arthur Cazaux (ranked 101st Singles), from the French Young Talent team, will be playing in the 2025 BNP Paribas Open. Additionally, Zizou Ahmad is playing in the Fila International Junior Championships also taking place at the Indian Wells Garden.
- International Tennis Hall of Fame (ITHF): Letters to Greatness is a new collaboration at the BNP Paribas tent, open to the public starting Mar 2. Fans are welcome to record or write their messages of congratulations to the ITHF’s Class of 2025, Maria Sharapova and Bob and Mike Bryan. On Mar 5 at 2 p.m., press is invited to attend as ITHF Presidents Kim Clijsters and Patrick McEnroe join the Bryan Brothers in the tent. On Mar 8 at 12 p.m., local students will have a meet-and-greet with Clijsters and other Hall of Famers as part of the ITHF’s Be Legendary program. BNP Paribas has been a long-term partner with the ITHF supporting the “Legends Ball” in NYC, the induction celebrations, as well as participating as a member of the group’s board. The ITHF is a non-profit organization in Newport, Rhode Island, that preserves the history of tennis and celebrates its champions to inspire excellence across generations globally.
- Ticket Donation: BNP Paribas will again allocate a significant number of BNP Paribas Open tickets to local schools and nonprofit organizations to give young groups the opportunity to experience the thrill of live, professional tennis, a first for many.
- NYC based Activations at BNP Paribas Midtown NYC Headquarters: Numerous events and promotions which include Aldo Sohm Wine Bar (151 W 51st Street at 6½ Avenue) showcasing tournament coverage and exclusively serving tournament partner Spotlight 29 Casino’s signature drink – the Drop Shot; the BNP Paribas Tower lobby tournament promotion where tenants and employees can receive tournament giveaways; viewing events for employees at the bank’s NYC and Jersey City campuses; the special correspondent incentive contest where staff can win the opportunity to attend the tournament in California and report on their experiences; displaying the BNP Paribas Open logo in the bank’s Midtown NYC building as well as Captivate Screens advertising in elevators.
José Placido, CEO of BNP Paribas USA and CIB Americas said: “We are very happy to again be highlighting our global commitment to tennis as title sponsor of this incredible tournament and our many worthwhile community programs. A key focus at the bank is the benefits of tennis and making it more accessible to all, using it to help foster positive impact globally, including here in the Coachella Valley community. Our community actions reflect our core values and I am thrilled that we are celebrating the 10th year anniversary of our student scholarship program for local high schoolers. To our many partners and staff who help us achieve these goals while sponsoring the best of professional tennis, a special thank you. I also invite everyone to come join us and our clients in California for two weeks of exciting world-class tennis.”
BNP Paribas collaborates with local organizations and schools to support and promote tennis as a sport for all. BNP Paribas recognizes the importance of accessible and inclusive sporting opportunities and aims to contribute to promoting tennis throughout the local community.
The Indian Wells Tennis Garden – one of the world’s premier tennis facilities and home to the BNP Paribas Open – remains committed to building a better “Tennis Paradise” implementing new programs in the community and inspiring others to join.
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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
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 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.
Apollo (NYSE: APO), ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds, and BNP Paribas, the European Union’s leading global bank, today announced a strategic financing and capital markets collaboration between Apollo, ATLAS and BNP Paribas.
Under the terms of the collaboration, BNP Paribas will make a significant day-1 financing commitment of $5 billion which is expected to increase over time. The commitment supports investment-grade, asset-backed credit originated by Apollo and ATLAS, alongside a capital markets collaboration to support securitizations sourced by Apollo and ATLAS issuer clients.
Apollo Co-President Jim Zelter said, “We believe this strategic collaboration, which includes one of the largest-ever bilateral financings for directly-originated credit assets, is a testament to the strength of ATLAS’ unique origination capabilities and differentiated model. Working hand-in-hand with BNP Paribas, this transaction shows how Apollo and ATLAS continue to expand relationships with leading global financial institutions and builds on Apollo’s existing collaboration with BNP Paribas to provide inventory finance solutions through the Eliant platform.”
Olivier Osty, BNP Paribas Head of Corporate & Institutional Banking Global Markets, said, “BNP Paribas is an international banking organization offering exemplary client service as well as cutting-edge financing, hedging and investment solutions in the Americas and worldwide. We are pleased to deepen our collaboration with Apollo and ATLAS through this strategic transaction and look forward to further building our business with them both.”
Carey Lathrop, interim CEO of ATLAS SP, added, “As a fully-integrated and scaled origination platform, ATLAS is ideally positioned as an institutional borrower’s partner of choice for warehousing and other investment grade asset-backed solutions. This exciting collaboration with BNP Paribas builds on our strong existing relationships with other financial institutions and should serve to accelerate the growth of ATLAS and its full suite of client capabilities.”
John Gallo, Head of Global Markets Americas & Global Head of Institutional Client Group at BNP Paribas, said, “Our Global Markets business is continually evolving to serve our clients, and today’s news is a testament to this strategy. This collaboration leverages our leading securitization structuring and distribution capabilities to support ATLAS in financing the real economy, while also being complementary to the client franchise and growth objectives of both firms.”
In 2022, Apollo, alongside its subsidiary Athene, and BNP Paribas announced a strategic relationship with the launch of Eliant Inventory Solutions LP, a platform providing flexible financing solutions for working capital and supply chain needs.
Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel, and Redding Ridge Asset Management acted as structuring agent to Apollo and affiliated entities on the transaction. Cadwalader, Wickersham & Taft LLP served as legal counsel to BNP Paribas.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2024, Apollo had approximately $696 billion of assets under management. To learn more, please visit www.apollo.com.
About ATLAS SP
ATLAS SP is a global investment firm providing stable capital, financing, advisory and institutional products to market participants seeking innovative and bespoke structured credit and asset backed solutions. We’re proud to build upon a legacy of client excellence that includes certainty of execution, deep expertise and full-service capabilities across the asset management landscape. For more information, visit www.atlas-sp.com.
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 BNP Paribas in the US
BNP Paribas is a premier global banking partner and has built a strong and diversified presence and product suite in the United States (US) to help serve its clients in today’s changing world. The bank employs over 3,500 people in the US across 10 states. Large corporate and institutional clients are served by BNP Paribas’ Corporate & Institutional Banking franchise that has a presence in the main US cities, in addition to a wide international reach through a network of offices in EMEA and APAC. The bank also offers asset management services through BNP Paribas Asset Management as well as Real Estate and Fleet Services through partnerships. www.usa.bnpparibas.com.
CONTACTS
Apollo:
Noah Gunn
Global Head of Investor Relations
(212) 822-0540
IR@apollo.com
Joanna Rose
Global Head of Corporate Communications
(212) 822-0491
communications@apollo.com
ATLAS SP:
(212) 355-4449
atlas-sp@joelefrank.com
BNP Paribas:
Guy Taylor
(332) 323-3704
guild.taylor@us.bnpparibas.com
Claire Schiff
(646) 634-4042
Claire.schiff@us.bnpparibas.com