BNP Paribas Named Structurer of the Year, North America.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 -- 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. was named 'Structurer of the Year, North America' today by Structured Products magazine. The Bank has been awarded this accolade on the strength of its equity derivatives franchise in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and its leading innovation in structured products. The Bank's expertise in developing ground-breaking financial engineering solutions makes it the preferred dealer for a diverse range of clients from hedge funds to wholesale distributors. Structured Products magazine reported that "BNP Paribas has always been a force to be reckoned with for structured products in Europe, and more recently in Asia but now the French powerhouse has successfully exported its expertise to the Americas." They also noted that "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' commitment to innovation in North America is hard to match." Commenting on the award, Todd Steinberg, head of equities and derivatives in the Americas, said, "We are delighted that our successful operation has been recognized, each area of our platform - flow derivatives, fund derivatives, equity finance, structured products and strategic equity has reached critical milestones that have driven the growth of the business. I want to thank and congratulate my team in the Americas." About BNP Paribas BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , and ranks among the world's top 15 banks by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . It has more than 140 000 employees, 15,000 of whom are based in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets. |
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