BNP Paribas Transfers Jean-Marc Bonnefous From New York To London.LONDON & 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 today announced it is transferring Jean-Marc Bonnefous, global head of commodity derivatives from New York to London. Over the past two years the commodity derivatives activity has experienced significant growth and is expected to continue further and Jean-Marc's relocation will enable the firm to manage more efficiently this globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation and the future growth of this business across its three main operating hubs of London, New York and Singapore. 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' commodity derivatives group is one of the top provider of risk management services in the commodity industry for energy, base metals and bullion. Its activities cover a full range of over-the-counter derivatives product trading and listed commodity futures brokerage. Jean-Marc will report to Dominique Remy, global head of ECEP ECEP Energy, Commodities, Export Project ECEP Every Child Every Promise ECEP Early Childhood Evaluation Program ECEP Equine and Comparative Exercise Physiology ECEP Electronic Currency Exchange Program ECEP East and Central Europe Program (energy, commodity, export, project). About BNP Paribas BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, with a significant and growing presence in the United States and leading positions in Asia. The most profitable bank in the Euro zone, it has a presence in 85 countries with close to 100,000 employees. The group enjoys key positions in Corporate and Investment Banking, Private Banking & Asset Management, Insurance, Securities Services and Retail Banking. BNP Paribas provides a full array of financial products through a portfolio of brands that cover a variety of distribution channels. With offices 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 member of the NYSE NYSE See: New York Stock Exchange , a NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (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. trades and markets a vast array of global and domestic fixed income and equity products. |
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