Archives 2018

BNP Paribas Wealth Management Investment Strategy: 10 themes for 2018

BNP Paribas prepares management succession in French Retail Banking

BNP Paribas announces new appointments in its Corporate and Institutional Banking division in EMEA

BNP Paribas reinforces its capacity to deliver an integrated service to its largest core corporate clients in Europe

BNP Paribas Wealth Management unveils new innovative features and accelerates the deployment of its digital transformation in co-creation with its clients

In Davos, students share their ideas on a BNP Paribas case study to direct financial investment to the achievement of the UN SDGs within the Corporate Knights-Schulich annual competition

BNP Paribas appoints Vittorio Ogliengo as Deputy General Manager of BNL and Executive Chairman of CIB Italy

BNP Paribas Group: Results as at 31 December 2017

BNP Paribas launches new investment fund to support startups transforming financial services and insurance

BNP Paribas announces Jean-Laurent Bonnafé’s commitment to the HeForShe “Thematic Champion” initiative for gender equality

BNP Paribas Wealth Management and the University of Cambridge Institute for Sustainability Leadership join forces to support leading entrepreneurs boosting sustainability in their business

BNP Paribas Wealth Management publishes report on international real estate

BNP Paribas Securities Services wins major EUR 44 billion custody and depositary mandate from Carmignac

Roland Garros and BNP Paribas are launching an e-gaming tournament: the “Roland-Garros eSeries by BNP Paribas”

Agrifrance’s annual report describes how digital technology is revolutionising the world’s wine industry

BNP Paribas and Janus Henderson complete transaction transferring Janus Henderson’s US middle and back office operations to BNP Paribas

DANSATHON - Imagine the Future of Dance

BNP Paribas Group to acquire the core banking operations of Raiffeisen Bank Polska and strengthen its subsidiary BGZ BNP Paribas

“2018 BNP Paribas Wealth Management Private Assets Survey” reveals private investors’ increasing appetite for Private Equity and Private Real Estate funds

BNP Paribas appoints Caroline Courtin Group Head of Diversity & Inclusion

BNP Paribas and Plug and Play take their strategic partnership forward and launch Season 3 of the acceleration programme at Station F

11 Fintech and Insurtech startups join this Season 3 to develop pilot projects in collaboration with BNP Paribas’ métiers and functions. BNP Paribas will become, in May this year, one of the five “corporate founders” of the Fintech Europe run by Plug and Play and TechQuartier in Frankfurt. 

BNP Paribas Group: Results as at 31 March 2018

The Board of Directors of BNP Paribas met on 3 May 2018. The meeting was chaired by Jean Lemierre and the Board examined the Group’s results for the first quarter 2018.

BNP Paribas launches investment fund in Cannes to foster new talent in film

BNP Paribas is launching a new investment whose purpose is to finance films made by promising new talent in the film industry. With a budget of 1 million euros, the new fund will aim to finance French-produced, or co-produced, first or second films. The fund will be open to financing films of various styles and genres, and aim to support projects that reflect BNP Paribas’ values and social engagement. By drawing on the BNP Paribas Group’s film-industry expertise, the ‘BNP Paribas New Cinema Talent’ fund will complement the Group’s existing range of financing and partnership solutions designed to support the film industry.

BNP Paribas becomes official partner to Cannes Directors’ Fortnight to support new cinema talent

To mark the 50th anniversary of the festival, BNP Paribas becomes the official partner of the Directors’ Fortnight, thus stepping up the Group’s overall presence at Cannes. This new partnership carries forward BNP Paribas’ long-standing commitment to the cinematic arts and cinema’s new talents. The Group has been Europe’s leading bank for film and filmmaking for over a century. As part of this partnership, BNP Paribas will also be supporting the ‘Fortnight in Action’ initiative, whose programme – created by Directors’ Fortnight – is intended to promote wider access to culture and image-related education.

Success of First Hawaiian New Secondary Offering of Common Stock

On Tuesday 8 May 2018, First Hawaiian, Inc. (“FHI”) announced the pricing of a new secondary offering of shares of its common stock (the “Secondary Offering”).

2018 French Open: BNP Paribas brings out its best service!

- BNP Paribas has arranged a series of innovative happenings and meet-up opportunities to ensure that tennis fans enjoy an unrivalled experience around this year’s Grand Slam tournament at Roland Garros. - Discover what BNP Paribas has in store for fans at the foot of the Eiffel Tower, in the walkways at the Roland Garros stadium, on the courts, on the social networks, in VR mode and on the games console!

BNP Paribas launches, in conjunction with the FFT, the ‘BNP Paribas Young Talent Team’

- BNP Paribas is launching, in collaboration with the French Tennis Federation (FFT), an initiative designed to assist the most promising young French tennis talent, and their families. Announced at the occasion of the French Open tennis championships Roland-Garros, the support programme is intended to give those young players the best possible chance of reaching the highest levels of competition and becoming the champions of tomorrow. - 20 young players will be selected to join the ‘BNP Paribas Young Talent Team’, mentored by French player Jo-Wilfried Tsonga. - BNP Paribas, which has made engagement with the younger generation a central plank in its Company Engagement policy, will be providing both financial and human resources to support the progress of the ‘BNP Paribas Young Talent Team’ members. - This initiative is one of a number of partnerships forged by BNP Paribas to promote equal opportunities for young people in the world of business, education and sport.

BNP Paribas and Boston Consulting Group survey reveals that trust is the key component for corporate treasurers in an increasing digitalised environment

BNP Paribas continues its commitment in favour of integrating refugees in Europe

After an initial reaffirmation of its commitment first made in 2015, BNP Paribas is strengthening its support of inclusion and integration of refugees in Europe through additional funding of €4.5 million through to end-2021. BNP Paribas will now concentrate its efforts, together with partner organisations, on supporting the social and professional integration of young refugees, notably through improved language learning in host countries.

DWS to transfer fund administration unit to BNP Paribas Securities Services

BNP Paribas Securities Services and DWS, one of the world’s leading asset managers, have entered into an agreement for BNP Paribas Securities Services to provide DWS with fund administration services, and DWS’s retail funds with depositary and custody services, in Germany and Luxembourg. The mandate represents EUR 240 billion in assets.

BNP Paribas teams with Matmut to strengthen position in property & casualty insurance, launches new offer

Thanks to the new Cardif IARD insurance company created jointly with the Matmut group, BNP Paribas is strengthening its position in the property & casualty market, proposing a new comprehensive and adjustable offer for its customers.     As part of its strategic development plan, BNP Paribas is targeting 12% penetration for property & casualty insurance among its retail customers and aims to triple sales of its insurance policies. With a current staff of 230 employees, Cardif IARD plans to recruit more than 200 additional staff by 2020, primarily in the greater Rouen area.

The French Association of Science Journalists (AJSPI) and the BNP Paribas Foundation presented their first climate investigation grant for European science journalists!

The French Association of Science Journalists (AJSPI) and the BNP Paribas Foundation launched their first climate investigation grant for European science journalists. The climate investigation grant was created in 2018 with the aim of supporting ambitious field investigations focused on understanding of the climate, adaptation to climate change, or on different mitigation strategies. It also aims to encourage transnational, collaborative and transmedia projects. It is exclusively reserved for professionals (print, radio, TV, web...), members of a national association of science journalists, based in Europe. There is no linguistic restriction on the language in which the winning projects are subsequently published.

4th edition of The ‘Women Entrepreneurs Program’: 40 women entrepreneurs will benefit from an international networking and business support at Stanford

BNP Paribas Wealth Management and the Women Initiative Foundation hold the 4th edition of the Women Entrepreneurs Program at Stanford Graduate School of Business from 8 to 13 July 2018 40 talented women entrepreneurs from 14 countries will attend a week-long program on leadership and accelerating business on the Stanford campus (California, USA). This exclusive customized program aims to offer a mix of knowledge, skill acquisition and development. The entrepreneurs were selected for their experience and their growing companies with a broad international appeal. Participants will benefit from an international networking and business support  Over the course of this 4 year-long initiative, BNP Paribas Wealth Management will have provided more than 150 women with training from the Stanford Graduate School of Business along with personal and professional development

Launch of a New Secondary Offering of First Hawaiian Common Stock

On 29 July 2018, First Hawaiian, Inc. (“FHI”) announced the launch of a new secondary offering of shares of its common stock (the “Secondary Offering”).

BNP Paribas: more than 200 employees will take part this summer in the Gay Games, of which the Group is a main sponsor

More than 200 employees from 15 countries will take part this year in the Gay Games - Paris 2018. BNP Paribas wishes to support this sporting and cultural event, which promotes diversity through sport, as one the main sponsors of the 10th edition, which Paris will host for the first time in August 2018.

Success of First Hawaiian New Secondary Offering of Common Stock

On Monday 30 July 2018, First Hawaiian, Inc. (“FHI”) announced the pricing of a new secondary offering of shares of its common stock (the “Secondary Offering”) at USD 27.90 per share.

BNP Paribas Group: Results as at 30 June 2018

The Board of Directors of BNP Paribas met on 31 July 2018. The meeting was chaired by Jean Lemierre and the Board examined the Group’s results for the second quarter 2018 and endorsed the interim financial statements for the first half of the year.

BGL BNP Paribas announces the closing of the acquisition of ABN AMRO Bank (Luxembourg) S.A.

Following the agreement signed in February 2018 concerning the acquisition, by BGL BNP Paribas, of all the outstanding shares in ABN AMRO Bank (Luxembourg) S.A. and of its fully owned subsidiary ABN AMRO Life S.A., BGL BNP Paribas announces that the transaction was completed on 3 September 2018. As part of this transaction, the insurance company has been taken over by Cardif Lux Vie. The transaction was approved by the competent regulatory authorities.

Luc Rondot appointed Chief Information Officer at BNP Paribas French Retail Banking

Luc Rondot has been appointed Chief Information Officer (CIO) and a member of the Executive Committee at the BNP Paribas Group’s French Retail Banking division, with effect from 3 September 2018.

Success of a New Secondary Offering of First Hawaiian Common Stock

On Wednesday 5 September 2018, First Hawaiian, Inc. (“FHI”) announced the pricing of a new secondary offering of shares of its common stock (the “Secondary Offering”).

DANSATHON: the first international hackathon created by the BNP Paribas Foundation, with three partner theatres, that will gather 90 participants to imagine the future of dance in the digital age

From 28-30 September 2018, for 3 days in 3 cities (London, Liege and Lyon), the Dansathon will bring together multidisciplinary participants from the worlds of dance, technology, design, and communication to outline together what dance could become tomorrow. For 3 days, these 90 participants will benefit from dedicated spaces, technologies, and methodology and will be accompanied by renowned figures to build their projects. In each city, one project will be rewarded by a multidisciplinary jury including Wayne McGregor, Alistair Spalding, Wong Chi-Yung, Serge Rangoni, (LA)HORDE and Dominique Hervieu. Each winning team will receive a development grant of €10,000 from the BNP Paribas Foundation as well as continued support from the partner theatres to bring their creation to life.

‘BNP Paribas Young Talent Team’: first ten young tennis players announced

On 28 May, on the occasion of the French Open tennis tournament at Roland Garros, BNP Paribas launched, in conjunction with the French Tennis Federation, the ‘BNP Paribas Young Talent Team’. Now the ‘BNP Paribas Young Talent Team’ Selection Committee has made its choice of the first ten young players who will join the team to be mentored by Jo-Wilfried Tsonga. The purpose of this initiative is to give the most deserving young French tennis players an optimal chance of reaching the highest level of competition in their chosen sport.

BNP Paribas strengthens its social commitment worldwide

BNP Paribas has signed an agreement with UNI Global Union on seven subjects relating to fundamental rights at work and the establishment of a global social framework. The agreement, which applies to the 200,000 Group employees in 73 countries, will enable the Bank to further improve the quality of life and working conditions.  

BNP Paribas and Cashforce enter into a partnership to offer digital cash flow forecasting and working capital services to Corporate Treasurers

Through this partnership, BNP Paribas will offer to its clients Cashforce’s next-generation digital cash forecasting and treasury management solutions, focused on analytics, automation and integration. To further extend its commitment to this partnership, BNP Paribas also invested in Cashforce. 

Michael Arends appointed CEO of BNP Paribas Wealth Management in Germany

As part of the BNP Paribas Group’s 2020 Business Development Plan for Germany, BNP Paribas Wealth Management intends to grow its business in the HNW/UHNW[1] segment and with Mittelstand company owners. Michaels Arends took up his post as CEO, Germany for BNP Paribas Wealth Management on 1 September. Wealth Management is planning to recruit 150 new local staff by 2020.

The BNP Paribas Foundation and its 3 theatre partners reveal the winning teams of the Dansathon, the 1st international dance hackathon

Over 3 days in 3 cities (London, Liège and Lyon), 90 participants developed new innovative projects to imagine the future of dance, using all of the opportunities presented by digital technology. To conclude the event, one wining project was selected in each city by a jury. The winners were: “Digital Umbilical” in London, “Vibes…” in Lyon and “Cloud Dancing” in Liège. Each of the 3 winning projects will receive a grant of €10,000 from the BNP Paribas Foundation to continue their work and will benefit from support provided by Maison de la Danse in Lyon, Sadler’s Wells in London or Théâtre de Liège to develop their idea.

BNP Paribas appoints Yann Gérardin as Deputy Chief Operating Officer for the Group

BNP Paribas appoints John Egan as CEO of L'Atelier BNP Paribas

John Egan is appointed CEO of L'Atelier BNP Paribas. He reports to Sophie Heller, Chief Operating Officer Retail Banking & Services at BNP Paribas.

Seven banks join forces to transform trade finance

The “Trade Information Network” aims to establish an inclusive industry standard in multi-bank trade finance Innovative network open for corporates and banks which enables financing deeper into global supply chains and offers an easy way to join CGI selected as the technology provider to build the Network

The new social housing and office building of ‘Gironde Habitat’ will be heated free of charge through Qarnot technology with BNP Paribas’ IT calculations

“Tech for Good” Qarnot’s computer-radiators produce environmentally sound heat free of charge by performing computer calculations on behalf of companies. BNP Paribas, a partner of Qarnot since 2014, has decided to multiply by 5 its share of calculations entrusted to the start-up, which will be used to heat, free of charge, an entire building of 4,800m² in Bordeaux. By participating in this project, BNP Paribas illustrates its will to reduce the environmental impact of digital technology as the digital takes off.

The BNP Paribas Foundation is renewing its Dream Up education programme, supporting disadvantaged young people through the practice of art, supported by the Franco-Algerian choreographer Abou Lagraa

The BNP Paribas Foundation announces a 3-year extension to Dream Up, a support programme for education charities seeking to engage vulnerable young people through the practice of art. Founded in 2015, with a budget of 1.6 million euros, the programme has already assisted 28 projects benefiting 30,000 children in 26 countries. With a budget of 1.8 million euros, this latest event will offer support to 20,000 children in 30 countries.

BNP Paribas Group: Results as at 30 September 2018

The Board of Directors of BNP Paribas met on 29 October 2018. The meeting was chaired by Jean Lemierre and the Board examined the Group’s results for the third quarter 2018.

Closing of the acquisition of the core banking operations of Raiffeisen Bank Polska

BNP Paribas Group announces today the closing of the acquisition of the core banking operations of Raiffeisen Bank Polska (the “Core Bank”), merged today with the subsidiary of BNP Paribas in Poland, BGZ BNP Paribas.

BNP Paribas Securities Services launches ClimateSeed, its first accredited Social Business

BNP Paribas Securities Services’ voluntary carbon offsetting platform, ClimateSeed, is now live with 19 project developers promoting and selling carbon credits representing 8 million tonnes of carbon dioxide equivalents on the platform.

"OneInThreeWomen", the first European network of companies engaged against gender-based violence under the management FACE

Today, seven CEOs from large companies sign a Commitment Charter against gender-based violence. “OneInThreeWomen” is the proportion of women who are victims of physical and/or sexual violence in their lifetime. “OneInThreeWomen” is also the name of the network of companies created by the FACE Foundation and the Kering Foundation, joined by Korian and L’Oréal as ambassadors and by BNP Paribas, Carrefour, SNCF and Lagardère through the ELLE Foundation.

2019 BNP Paribas Global Entrepreneur Report: deep-dive into the investments of the most successful entrepreneurs

The fifth edition of the BNP Paribas Wealth Management Global Entrepreneur Report unveils the preferred private investments of the most successful international entrepreneurs - the Elite Entrepreneurs - and the trends shaping their portfolio allocation choices.

BNP Paribas has entrusted Marie-Claire Capobianco with a mission to bolster the bank's capacity to accelerate the growth of companies in France

Marie-Claire Capobianco, a Member of the Group's Executive Committee, will take on a transversal role starting 1 January, 2019 to develop BNP Paribas' support for French companies, covering a broad range of SMEs, mid-cap and large companies (not listed on the CAC 40).

‘Davis Cup by BNP Paribas’ 2018 final: Unequalled fan arrangements in place for this major event

For the 2018 Davis Cup final, to be played on 23-25 November, BNP Paribas is rolling out an unrivalled array of fan resources designed to enable all supporters get closely involved in the event. A massive flag (‘tifo’) will be displayed in the stands of the Pierre Mauroy stadium at Lille to help fuel the passion of the 500 French fans registered to make up the ‘We Are Tennis Fan Academy’ supporters’ team on each day of the event, and stimulate the enthusiasm of all the tennis fans present. To mark what will be his last appearance as Captain of the French team, Yannick Noah is also fronting a campaign on the ‘We Are Tennis’ platform and the social networks to mobilise fans.  

BNP Paribas and Apple Pay extend their offer to more customers

BNP Paribas today announces plans to extend its range of mobile payment solutions to customers in multiple markets by offering Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient. 

Mrs Rajna Gibson Brandon was co-opted director of BNP Paribas SA

Mrs Rajna Gibson Brandon was co-opted on 28 November 2018 at BNP Paribas’ Board of Directors, replacing Mrs Laurence Parisot. This decision will be submitted for ratification at the next Annual General Meeting.

BNP Paribas China receives licence to underwrite Corporate Panda Bonds for foreign issuers

BNP Paribas China Limited today announced that it has received the Panda Corporate Bond Lead Underwriting Licence Type B from China’s National Association of Financial Market Institutional Investors.

BNP Paribas Securities Services appoints Thorsten Gommel as Head of Germany and Austria

BNP Paribas Securities Services, a global custodian with USD 11 trillion in assets under custody, has appointed Thorsten Gommel as Head of BNP Paribas Securities Services for Germany and Austria. He will join the bank in April 2019.

BP awards pan-European cash management to BNP Paribas

BNP Paribas today announced that it has been awarded BP’s cash management business across Europe, following a competitive tender.

BNP Paribas partners with the Whitaker Peace & Development Initiative, the NGO created by artist and social activist Forest Whitaker, to foster peace and encourage entrepreneurial initiatives among young people in South Africa

BNP Paribas and the Whitaker Peace & Development Initiative (WPDI) are announcing the signature of a five-year partnership within the framework of a program in South Africa aimed at helping young men and women from Cape Town districts to fill the roles of peacemakers and entrepreneurs within their community.  On the year of the 70th anniversary of the Universal Declaration of Human Rights, this partnership extends the cooperation that has been established in California between WPDI and Bank of the West, the BNP Paribas’ US retail banking subsidiary. It completes the Group’s worldwide action in favour of youth inclusion, with a strong dynamic in France where BNP Paribas is one of the most committed companies to provide school and professional support to young people from disadvantaged neighbourhoods. Within the framework of the Youth Peacemaker Network, WPDI’s flagship program that will be deployed in the Flats area of Cape Town, 360 young leaders will receive trainings in new technologies, conflict resolution and business management, as well as the necessary resources to enable them to carry out their projects with every chance of success. They will become mediators and committed entrepreneurs within their community, exerting a positive influence on 60,000 other young people and residents. 

BNP Paribas Securities Services appoints Dennis Bon as Global Head of Depositary and Fiduciary Services

BNP Paribas Securities Services has appointed Dennis Bon as Head of Depositary and Fiduciary Services.