BNP Paribas Appoints New Head of Compliance for North America.Business Editors NEW YORK--(BUSINESS WIRE)--June 16, 2003 BNP Paribas BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. today announced the appointment of Stephen Strombelline as Head of Compliance for its North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. . Based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Mr. Strombelline will report directly to Everett Schenk, BNP BNP B-type natriuretic peptide, brain natriuretic peptide Physiology A 32-residue peptide hormone produced predominantly in the ventricles, secreted in response to fluid overload–eg, CHF. See Atrial natriuretic peptide. Paribas' Head of Territory - North America, and functionally to Alain Moynot, BNP Paribas' Global Head of Professional Ethics professional ethics, n the rules governing the conduct, transactions, and relationships within a profession and among its publics. professional ethics liability, n 1. , and Denis Denis, king of Portugal: see Diniz. Quillet, Head of Ethics and Compliance for the Corporate and Investment Banking Core business. Mr. Strombelline will be taking over from Jean-Pierre Beck, BNP Paribas' interim Head of Compliance. In addition to Interim Head of Compliance, Mr. Beck has served in various positions of responsibility, the latest being Head of Assets and Liabilities management for North America Mr. Beck, who has been with the firm for 39 years both in France and in the US, plans to retire after a transitional period. Mr. Strombelline brings over 25 years of experience to BNP Paribas in the fixed income, equities, derivatives, capital markets and banking sectors. "Stephen's wide-range of experience and proven track record in this most critical of functions will be of enormous value to BNP Paribas," stated Everett Schenk, BNP Paribas' Head of Territory - North America. "He will be responsible for ensuring the compliance and professional ethics of BNP Paribas' North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. core businesses, operations and subsidiaries." Mr. Strombelline joins BNP Paribas from Barclays Capital Inc. in New York where he had been the Director of Compliance for the Americas since 1999. Prior to Barclays, he spent three years at BT Alex Brown Inc. as Head of Equity Capital Markets, Derivatives and Investment Banking Compliance, as well as Deputy Director of Compliance. From 1993 to 1996, Mr. Strombelline was Vice President, Compliance Review and Regulatory Relations Unit, at Salomon Brothers Inc. In addition to his work on the corporate side, Mr. Strombelline has extensive regulatory experience having worked for 16 years at the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). as both an Assistant Director and Associate Director. Mr. Strombelline was also a member of the senior management team of the NASD's New York regional office. With a presence in more than 85 countries and over 87,000 employees, BNP Paribas provides a full array of financial products through a portfolio of brands that cover a variety of distribution channels. Headquartered in New York, BNP Paribas in North America offers a broad range of corporate, investment banking and securities brokerage activities. With locations in all the major corporate and financial centers across the United States and Canada, BNP Paribas in North America serves a world-class client base of multinational corporate and mid-cap companies, major issuers and institutional buyers. As a registered NASD broker-dealer and member of SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. , BNP Paribas Securities Corp. underwrites, trades and markets a vast array of global and domestic fixed income and equity products. |
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