The results of Global Custodian magazine's 23rd annual “Agent Banks in Major Markets” Survey were released on 27 September 2012. BNP Paribas Securities Services was recognized as “Top Rated” in a number of categories.
Since its inception, the survey has sought to measure client perceptions regarding the quality of the clearing and settlement and asset-servicing duties of their agent banks. Results are measured across three client segments: Leading, Cross-Border/Non-Affiliated (CB/NA) and Domestic.
BNP Paribas Madrid set a record in the survey by collecting its 20th consecutive “Top Rating”– a first in the history of the survey.
This success was reinforced by achieving top scores ahead of its competitors in Austria, Ireland, Hong Kong and Singapore.
In Germany, Spain and Switzerland, BNP Paribas Securities Services was awarded the highest Leading Client scores in the local markets.
In Italy and Spain it received the highest Domestic scores in the local markets, also ahead of its competitors in the industry.
Overall, BNP Paribas Securities Services received the highest ratings in 16 categories, qualifying for the Hong Kong and Singapore market categories for the first time.