SOURCE: BNP Paribas

BNP Paribas

July 01, 2013 14:27 ET

BNP Paribas Global Prime Services Receives Top Marks in Global Custodian Prime Brokerage Survey

NEW YORK, NY--(Marketwired - Jul 1, 2013) -  BNP Paribas Corporate & Investment Bank (CIB) announced today that its Global Prime Services business was named the Top Rated Global Prime Broker in the 2013 Global Custodian Prime Brokerage Survey based on client scores. 

Over the last two years BNP Paribas Global Prime Services has rolled out global capabilities to better serve its client's needs, and is incredibly pleased with this reception and recognition of the global platform. With over 230 clients taking part in the survey, BNP Paribas received "Top Rated" rankings in Europe and North America, and "Commended" in Asia.

"The past year has been a year of investment and growth for our business and we are very pleased that these enhancements have been received so positively by our clients," said JP Muir, Head of Global Prime Services Sales for the Americas.

BNP Paribas was "Top Rated" in 12 categories, with the #1 average score in 9 of those, including client service, securities lending and financing, technology, as well as 133 "Best-in-Class" awards out of a possible 156.

The survey also continues to praise the strength of BNP Paribas' business and the quality of service, quoting one client as saying that BNP Paribas is "hitting on all cylinders" and another stating that the bank is "efficient, honest, and easy to deal with." 

Matt Pinnock, Head of Europe and Asia Pacific, Global Prime Services, added, "We are pleased to be able to build on our successful position secured in this survey last year with a very consistent set of results that demonstrate the strength of our client relationships."

About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80 countries with 190,000 employees, including 145,000 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.