NEW YORK, NY--(Marketwired - Jun 16, 2014) - BNP Paribas Corporate & Investment Bank (CIB) announced that its Global Prime Services business was named a Top Rated Global Prime Broker in the 2014 Global Custodian Prime Brokerage Survey based on client scores.
Over the last three years BNP Paribas Global Prime Services has rolled out global capabilities to better serve its clients' needs, and this year's survey scores serve as testament to the current level of satisfaction with BNP Paribas' services. Over 240 of BNP Paribas' clients took part in the survey, with the bank receiving the highest overall score among Global Prime Brokers, who were surveyed across 10 categories.
In addition to receiving top scores in eight out of the 10 categories amongst Global Prime Brokers, BNP Paribas was inducted into the 'Roll of Honor' in the Client Service, Financing and Margining, Operations and Technology categories.
"Our team takes tremendous pride in delivering exceptional service, and these efforts were clearly recognized by our clients," said JP Muir, Head of Global Prime Services Sales for the Americas. "We are grateful for the continued loyalty that clients have awarded us, and believe these survey results capture their sentiments about the commitment of the Bank and the dedication of our staff."
In the official survey write-up, clients spoke of the strength of BNP Paribas' business and the quality of service, with one praising the bank as a "great firm with great customer service" and another commenting that BNP Paribas is "great at managing the relationship and filling our needs/requests."
Matt Pinnock, Head of Europe and Asia Pacific, Global Prime Services added, "We are pleased to have maintained our high scores secured in last year's survey, and have also been able to build in certain key areas. In particular, the recognition of our client service, financing and margining, operations and technology services in Global Custodian's inaugural 'Roll of Honor' demonstrates that our clients share our confidence that we're moving forward in the right direction across the board."
BNP Paribas has a presence in 75 countries with more than 180,000 employees, including more than 140,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. 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 across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.