BNP Paribas has been granted a licence to provide custody services for China’s Qualified Foreign Investor (QFI) scheme. BNP Paribas can now directly support foreign institutional investors across the full scope of schemes, allowing access to China’s equities and bond markets, in addition to providing FX services. BNP Paribas China Limited was one of the…
Category: BNPP
BP2S makes two senior offshore sales appointments
BNP Paribas Securities Services has made two business development appointments for its offshore business. Linda Lamri is appointed head of sales for Luxembourg. She joined BNP Paribas Securities Services in 2003 and was most recently head of relationship management for Luxembourg. She will report to Robert Van Kerkhoff, head of Luxembourg and Ireland. Joy Kiely…
Manaos onboards two ESG data providers
BNP Paribas Securities Services’ ESG marketplace, Manaos, has onboarded two new partners – Util and V.E., part of Moody’s ESG Solutions – to supplement its sustainability data and analytics offering. Now live on Manaos, Util’s machine learning models quantify the degree to which every listed company positively and negatively impacts the 17 UN SDGs and…
BP2S appoints Paul Daly to head distribution products & solutions
BNP Paribas Securities Services has appointed Paul Daly as head of distribution products and solutions. Daly will be responsible for developing and promoting fund distribution products for institutional fund buyers and fund promoters. He will also drive the development of BP2S’s transfer agency solutions. He was previously head of territory for Ireland at BP2S. Based…
Alter Domus hires Angela Summonte to head new asset owners business
Alter Domus, the Luxembourg-based provider of fund and corporate services, has appointed Angela Maria Summonte as global head of asset owners. Based in Germany, she will lead the development of the newly launched asset owners business line. Summonte was previously with BNP Paribas.
BNP Paribas opens sub-custody business in Chile
BNP Paribas has established a sub-custody business in Chile, adding to existing Latin American operations in Brazil, Colombia and Peru. As part of the deal, BNP Paribas has become a direct participant in Chile’s central securities depository, Depósito Central de Valores. BNP Paribas’ proprietary network has now expanded to 27 markets.
LiquidShare hires Brigitte Gignoux to head business development
LiquidShare, the fintech co-founded by European financial institutions including BNP Paribas, Société Générale and Euroclear, has appointed Brigitte Gignoux as head of business development. She joins from FFYN, a collaborative fund distribution platform that was incubated by BNP Paribas, where she previously worked in a business development role.
Jacques d’Estais to retire from BNP Paribas
After 39 years at BNP Paribas, Jacques d’Estais will retire from the group by the end of 2021. He has stepped down from his role as group deputy COO and head of international financial services to become executive advisor to BNP Paribas general management. For many years d’Estais oversaw the bank’s securities services business, BP2S.
Riyad Capital signs private-label deal with BNP Paribas
Riyad Capital, the investment banking arm of Saudi Arabia’s Riyad Bank, has signed an agreement with BNP Paribas Securities Services to provide global custody, fund services and consolidated data management services in Saudi Arabia under a joint servicing model, thought to be the first of its kind in the Kingdom and the region. Developed over…
Provinzial mandates BNP Paribas and Helaba Invest
Provinzial Asset Management, the Germany-headquartered asset manager with AuM EUR50bn, has mandated BNP Paribas Securities Services and Helaba Invest as asset servicing providers. Following the recent merger between Provinzial Asset Management and the Provinzial Rhineland, Provinzial Asset Management now manages all the assets of the newly formed Provinzial Group. Provinzial Asset Management selected two long-standing…