BNP Paribas
Type	Public (Euronext: BNP, TYO: 8665)
Founded	May 23, 2000
Headquarters	Paris, France
Key people	Baudouin Prot, CEO Michel Pébereau, Chairman
Industry	Finance and Insurance
Products	Financial Services
Net income	▲ €7.82 billion (2007)
Employees	138,000 (2007)
Website	www.bnpparibas.com

BNP Paribas (Euronext: BNP, TYO: 8665) is one of the main banks in Europe. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. Together with Société Générale and Crédit Lyonnais (now known as LCL), it is one of the "three old" banks of France. It is a constituent of the CAC 40 index. This article does not cite any references or sources. ... Euronext N.V. is a pan-European stock exchange based in Paris[1] and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ... is the 143rd day of the year (144th in leap years) in the Gregorian calendar. ... Year 2000 (MM) was a leap year starting on Saturday. ... Image File history File links This is a lossless scalable vector image. ... This article is about the capital of France. ... Baudoin Prot is the CEO of BNP Paribas, one of Frances biggest banking groups. ... Michel Pébereau (born in 1942) is a French businessman. ... Finance and Insurance is an industry group that mainly handles the transfer of paper and money, financial assets. These include: Accounting, Asset Management, Electronic Communications Networks, Financial Services Regulatory Agencies, Investment Banking Investment Firms, Investment Funds, Lending, Outsourced Financial Products & Services Marketing, Securities Brokers & Traders, Stock Exchanges, Trade Facilitation, and... Financial services is a term used to refer to the services provided by the finance industry. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... For other uses, see Euro (disambiguation). ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... This article is about work. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... Euronext N.V. is a pan-European stock exchange based in Paris[1] and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... The Tokyo Stock Exchange ), or TSE, is one of the largest stock exchange markets in the world by monetary volume located in Tokyo, Japan, second only to the New York Stock Exchange. ... For other uses, see Bank (disambiguation). ... For other uses, see Europe (disambiguation). ... is the 143rd day of the year (144th in leap years) in the Gregorian calendar. ... Year 2000 (MM) was a leap year starting on Saturday. ... Société Générale (Euronext: GLE) is one of the main European financial services companies and also maintains extensive activities in others parts of the world. ... Crédit Lyonnais is a French bank. ... Price evolution of the CAC 40 between March 1, 1990 and February 1, 2005 The CAC 40, which takes its name from Paris Bourses early automation system Cotation Assistée en Continu (Continuous Assisted Quotation), is a French stock market index. ...

On 9 August 2007 BNP Paribas announced that it could not fairly value the underlying assets in three funds as a result of exposure to U.S. subprime mortgage lending markets.^[1] Faced with potentially massive (though unquantifiable) exposure, the European Central Bank (ECB) immediately stepped in to ease market worries by opening lines of €96.8 billion (then US$130 billion) in low-interest credit.^[2] The long term debt of the group is currently ranked AA+ by S&P, Aa1 by Moody's and AA by Fitch.^[3] is the 221st day of the year (222nd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... Subprime lending (also known as B-paper, near-prime, or second chance lending) is lending at a higher rate than the prime rate. ... Headquarters Coordinates , , Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain Currency Euro ISO 4217 Code EUR Reserves €43bn directly, €338bn through the Eurosystem (including gold deposits). ... The Standard and Poors Corporation (S&P), a subsidiary of McGraw-Hill, is a company that performs financial research and analysis on stocks and debt instruments. ... Moodys Corporation (NYSE: MCO) is the holding company for Moodys Investors Service which performs financial research and analysis on commercial and government entities. ... Fitch Ratings, Ltd. ...

History

In 1869 a group of bankers and investors including Adrien Delahante, Edmond Joubert and Henri Cernuschi founded the Banque de Paris, with its headquarters near the Opera at 3 rue d'Antin, Paris. Year 1869 (MDCCCLXIX) is a common year starting on Friday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Wednesday of the 12-day slower Julian calendar). ...

After the end of the Second World War, the French State decided to "put banks and credit to work for national reconstruction". René Pleven, then Minister of Finance, launched a massive reorganization of the banking industry. A law passed on December 2, 1945 redefined the regulatory framework governing the industry and decreed the nationalization of the Banque de France and the four leading French retail banks: BNCI, CNEP, Crédit Lyonnais and Société Générale. It went into effect on January 1, 1946. is the 336th day of the year (337th in leap years) in the Gregorian calendar. ... Year 1945 (MCMXLV) was a common year starting on Monday (link will display the full calendar). ... is the 1st day of the year in the Gregorian calendar. ... Year 1946 (MCMXLVI) was a common year starting on Tuesday (link will display full 1946 calendar) of the Gregorian calendar. ...

Shares in these companies were transferred to the French State, which assumed complete ownership of the financial institutions. The boards of directors were dissolved and twelve new directors were appointed at each bank.

BNP was privatised in 1993. Year 1993 (MCMXCIII) was a common year starting on Friday (link will display full 1993 Gregorian calendar). ...

Originally the Compagnie Financière de Paris et des Pays-Bas (Finance Corporation of Paris and the Netherlands), the Compagnie Financière de Paribas became simply Paribas in 1998 after acquiring the Compagnie Bancaire. The name Paribas was invented in the beginning of the 60s by the Belgian artist and entrepreneur Bobbejaan Schoepen. Claude de Kemoularia was an important executive in the bank in the 1960s and 1970s. BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... Bobbejaan Schoepen Bobbejaan Schoepen (born Modest Schoepen, May 16, 1925, Boom, Antwerp) is a Flemish entertainer, singer, guitarist, composer, actor, and founder of the Bobbejaanland amusement park in Belgium. ...

In 1999 BNP and Société Générale fought a complex battle on the stock market, with Société Générale bidding for Paribas and BNP bidding for Société Générale and counter-bidding for Paribas. BNP's bid for Société Générale failed, while its bid for Paribas succeeded leading to a merger of BNP and Paribas one year later on May 22, 2000. Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... Société Générale (Euronext: GLE) is one of the main European financial services companies and also maintains extensive activities in others parts of the world. ... BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. ... Year 2000 (MM) was a leap year starting on Saturday. ...

Until 2001, all Iraqi oil revenues from the Oil for Food program were held in an escrow account run solely by BNP Paribas. Later, the money was held by several unnamed international banks. This article is about the year. ... The Oil-for-Food Programme was established by the United Nations in 1996 to allow Iraq to sell oil on the world market in exchange for food, medicine and the like. ... This article is about the legal arrangement. ...

Activity

Profile

BNP Paribas is the largest bank in the Eurozone by total assets and second largest by market capitalization according to The Banker magazine. It employs 162,700 people, of which 80,000 work in Europe, and maintains a presence in 87 countries. The bank is active in the finance, investment and asset management markets. The Eurozone (less frequently called the Euro Area or Euroland) refers to a currency union among the European Union member states that have adopted the euro as their sole official currency. ... Published monthly The Banker covers the investment, retail and commercial banking sectors and is published by the Financial Times group. ... This article or section does not adequately cite its references or sources. ...

In France, BNP Paribas is active in retail banking with 2,200 branches and over 3,200 ATM machines. BNP Paribas serves over 6 million French households and 60,000 corporate customers. According to investopedia. ...

In the United States, BNP Paribas owns Bank of the West. It also has investment banking capabilities via their BancWest subsidiary. In particular they are strong in equity derivatives, structured products and project finance. In addition, BNP Paribas maintains a strong middle market merchant banking group. This group focuses on providing leveraged acquisition finance to private equity sponsored leveraged buyouts, both through senior secured syndicated loans, high yield bond offerings, equity co-investment, and mezzanine financing. Bank of the West is the fifth-largest general services bank headquartered in California. ...

BNP Paribas is a member of the Global ATM Alliance, a joint venture of several major international banks that allows customers of the banks to use their ATM card or check card at another bank within the Global ATM Alliance with no fees when traveling internationally. Other participating banks are Barclays (United Kingdom), Bank of America (United States), China Construction Bank (China), Deutsche Bank (Germany), Santander Serfin (Mexico), Scotiabank (Canada) and Westpac (Australia and New Zealand).^[4] There are very few or no other articles that link to this one. ... Cash machine redirects here. ... This article needs cleanup. ... Barclays Bank is the fourth largest bank in the United Kingdom. ... Bank of America (NYSE: BAC TYO: 8648) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. ... The China Construction Bank (CCB) SEHK: 0939 (Simplified Chinese: , Traditional Chinese: ; pinyin: Zhōngguó Jiànshè Yínháng) is one of the big four banks in the Peoples Republic of China. ... Deutsche Bank AG (pronounced [2]) (ISIN: DE0005140008, NYSE: DB) (literal translation - German Bank) is a leading global investment bank with a broad private clients franchise, headquartered in Frankfurt, Germany. ... Scotiabank (Banque Scotia)(TSX: BNS NYSE: BNS), formally known as The Bank of Nova Scotia is one of Canadas Big Five banks. ... Westpac Banking Corporation ASX: WBC NZX: WBC, usually called Westpac, is the fourth largest bank in Australasia, after the National Australia Bank, Commonwealth Bank of Australia and ANZ and one of the largest banks in the South Pacific. ...

On June 11, 2008, BNP Paribas formally signed the final terms of an agreement to purchase the Prime Brokerage Services division of Banc of America Securities. The sale is widely believed to be completed by the end of the 3rd Quarter, 2008.

Events in 2005

• On September 23, 2005, BNP Paribas is set to take a 20 percent stake in China's Nanjing City Commercial Bank, a Chinese official and state press reports said on Friday. "BNP is going to sign a deal with us to buy a stake next month," an official from Nanjing City Commercial told AFP. The Shanghai-based Oriental Morning Post said BNP would pay up to US$100 million, although the bank official said the figure was incorrect. He declined to give further details. The French newspaper La Tribune reported last month that BNP Paribas had talked to four Chinese commercial banks—Ningbo, Wuxi, Nanjing and Suzhou—and was prepared to invest US$50–100 million. "We've talked to different financial institutions, but only BNP showed its good faith. It was not easy for us to reach an agreement," the Nanjing City Commercial Bank official said. BNP Paribas refused to comment. The International Financial Corporation, the investment arm of the World Bank, already owns 15 percent of Nanjing City Commercial Bank, which has regulatory approval to list on the country's domestic stock markets.

is the 266th day of the year (267th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... The World Bank logo The World Bank (the Bank) is a part of the World Bank Group (WBG), is a bank that makes loans to developing countries for development programs with the stated goal of reducing poverty. ... A stock market or (equity market) is a private or public market for the trading of company stock and derivatives of company stock at an agreed price; both of these are securities listed on a stock exchange as well as those only traded privately. ...

Major shareholders

• AXA insurance company
• Customers
• Employees
• General Mediterranean Holdings

Not to be confused with Sun Life Financial. ... The General Mediterranean Holdings (GenMed) is a financial holding established in 1979 in Luxembourg, through which Anglo-Iraqi billionaire Nadhmi Auchi control his financial empire. ...

Subsidiaries

• Atisreal
• BancWest (Bank of the West & First Hawaiian Bank)
• Banque de Bretagne
• BMCI
• BNP Paribas Arbitrage
• BNP Paribas Asset Management
• BNP Paribas Hong Kong
• BNP Paribas Lease Group
• BNP Paribas Securities Services
• bci mer rouge djibouti
• CETELEM
• CortalConsors
• FundQuest
• BNL (Banca Nazionale del Lavoro)
• Geojit (Geojit BNP Paribas Financial Services Ltd.)
• L'Atelier
• CIB
• TEB (Turk Ekonomi Bankasi)

There are very few or no other articles that link to this one. ... Bank of the West is the fifth-largest general services bank headquartered in California. ... First Hawaiian Bank is a regional commercial bank headquartered in Honolulu, Hawaii at the First Hawaiian Center. ... BMCI (Acronym in French: ) is a private bank in Morocco. ... BNP Paribas Hong Kong and BNP Paribas Private Bank are subsidiaries of BNP Paribas and licensed banks in Hong Kong. ... CortalConsors is a subsidiary of the French bank BNP Paribas. ... Banca Nazionale del Lavoro SpA is an Italian banking firm. ... Need to disambiguate: TEB - Teterboro Airport TEB - Triethylborane ...

Notable current and former employees

Business

• Boris Adlam - British financier
• Nassim Taleb - practitioner of financial mathematics

British businessman, financier and venture capitalist Born 1966. ... Nassim Nicholas Taleb (b. ...

Politics and public service

• Louis Alphonse, Duke of Anjou - considered by royalists as the head of the French Royal House.
• Jacques de Larosière - managing director of the International Monetary Fund (1978-87); Governor of the Banque de France (1987-93)

HRH Louis Alphonse de Bourbon, duc dAnjou (on his French National Identity Card; full name: Luis Alfonso Gonzalo Víctor Emanuel Marco de Borbón y Martínez-Bordiú, Duke of Anjou, born Madrid, April 25, 1974) is considered to be the head of the French Royal House by... Jacques de Larosière de Champfeu, Chairman of the Strategic Committee of the French Treasury and Advisor to BNP Paribas, became President of the London-based European Bank for Reconstruction and Development in September 1993 in the wake of the scandals that led to the departure of the EBRDs...

Other

• David McWilliams - economist
• Georges Chodron de Courcel - Managing Director, from the family of Mrs. Bernadette Chirac

For other persons named David McWilliams, see David McWilliams (disambiguation). ... Bernadette Chirac, born Bernadette Chodron de Courcel (born May 18, 1933) is the wife of President Jacques Chirac of France. ...

See also

• List of French companies
• List of banks
• Primary dealers
• European Financial Services Roundtable
• Angolagate

This is a list of companies from France. ... This is a list of banks throughout the world. ... Primary dealers are banks or brokerage firms who may trade directly with the Federal Reserve System. ... The European Financial Services Roundtable (EFSR) is a European organization, located in Brussels, Belgium, of financial service companies to provide a voice on policies of the European Union related to financial matters. ... LAngolagate, as it is known in the French press, was an arms-for-oil scandal involving deals between French businessman Pierre Falcone, the head of a firm called Brenco International; his colleague Jean-Christophe Mitterrand, the son of the former French president; and a Russian-born Israeli named Arkadi...

References

The New York Times is an internationally known daily newspaper published in New York City and distributed in the United States and many other nations worldwide. ... is the 9th day of the year in the Gregorian calendar. ... Also see: 2002 (number). ... is the 173rd day of the year (174th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ...

External links

• BNP Paribas' website

v • d • e CAC 40 companies of France Accor · Air France-KLM · Air Liquide · Alcatel-Lucent · Alstom · Arcelor Mittal · AXA · BNP Paribas · Bouygues · Capgemini · Carrefour · Crédit Agricole · Dexia · EADS · EDF · Essilor · France Télécom · Gaz de France · Groupe Danone · L'Oréal · Lafarge · Lagardère · LVMH · Michelin · Pernod Ricard · PSA Peugeot Citroën · PPR · Renault · Saint-Gobain · Sanofi-Aventis · Schneider Electric · Société Générale · STMicroelectronics · Suez · Total · Unibail-Rodamco · Vallourec · Veolia Environnement · VINCI · Vivendi Image File history File links This is a lossless scalable vector image. ... Price evolution of the CAC 40 between March 1, 1990 and February 1, 2005 The CAC 40, which takes its name from Paris Bourses early automation system Cotation Assistée en Continu (Continuous Assisted Quotation), is a French stock market index. ... Accor (Euronext: AC) is a large French multinational corporation, part of the CAC 40 index, whose main business is running chains of hotels and restaurants. ... KLM Boeing 737-300. ... Founded in 1902, Air Liquide is the world leader in industrial and medical gases and related services. ... Alcatel Lucent (or Alcatel-Lucent according to some sources) is the name of the new company formed after the merge agreement signed by Alcatel and Lucent Technologies. ... Alstom (formerly GEC-Alsthom) (Euronext: ALO) is a large French company whose businesses are power generation, railway signalling; and manufacturing trains (e. ... It has been suggested that Arcelor and Mittal Steel Company be merged into this article or section. ... Not to be confused with Sun Life Financial. ... Bouygues (Euronext: EN) is a French industrial group listed on Euronext Paris. ... 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LVMH Moët Hennessy Louis Vuitton S.A. (Euronext: MC), usually shortened to LVMH, is a French holding company and the worlds largest luxury goods conglomerate. ... Michelin (full name: Compagnie Générale des Établissements Michelin) (Euronext: ML) based in Clermont-Ferrand in the Auvergne région of France, is primarily a tyre manufacturer. ... Pernod Ricard is a French company producing alcoholic beverages. ... PSA Peugeot Citroën (PSA) is a vehicle company that owns the marques Peugeot and Citroën. ... PPR is a French multinational holding company specializing in retail shops and luxury brands. ... For the author, see Mary Renault. ... St. ... Sanofi-aventis (Euronext: SAN, NYSE: SNY), headquartered in Paris, France, is one of the 3 largest pharmaceutical companies in the world, along with Pfizer,GlaxoSmithKline. ... Kenny Acheson Schneider Electric is a French global company. ... 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