BNP Paribas confirms its commitment to its financial institutions clients by reinforcing its set-up and placing it under the responsibility of Thierry Varène, member of the Corporate & Investment Banking Executive Committee and in charge of Investment Banking Europe (IBE) and Corporate Finance.Laure Morsy
is appointed Global Head of the Financial Institutions Group (FIG). Frédéric Legmann
is appointed Head of the FIG IBE team of Managing Directors dedicated to strategic clients across seven key European markets, with the aim of reinforcing a relationship-driven approach and positioning BNP Paribas as their strategic banking and advisory partner.
Laure Morsy started her career in internal audit and then in risk control and risk management functions. She then specialised in financial institution client coverage, first at Société Generale and then at BNP Paribas where she was most recently in charge of the FIG International team.
Frédéric Legmann spent most of his career between Merrill Lynch and Goldman Sachs before joining Lehman Brothers, always in their respective Financial Institutions Groups and advising on strategic transactions across Europe. He was more recently a Managing Director at Lazard.About BNP Paribas
BNP Paribas (www.bnpparibas.com
) is one of the six strongest banks in the world* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and more than 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States.
BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.
* Rated AA by Standard & Poor's i.e. 3rd rating level on a scale of 22. About BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking employs about 20,000 people in over 50 countries and services 13,000 corporate and institutional clients worldwide.
BNP Paribas CIB excels in:
Derivatives - where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives.
Capital markets - where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)
Structured finance - where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally.www.cib.bnpparibas.com