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BNP
Paribas S.A. is a French global banking group, headquartered in Paris, with its
second global headquarters in London. It was formed through the merger of
Banque Nationale de Paris (BNP) and Paribas in 2000. In 2011, BNP Paribas was
ranked by Bloomberg and Forbes as the largest bank and largest company in the
world, as measured by total assets of US$2.670 trillion.
BNP
Paribas escaped the 2007–09 credit crisis relatively unscathed reporting a €3
billion net profit for the year of 2008, and €5.8 billion for 2009, both years
boosted by profits from trading in its CIB (Corporate and Investment Banking)
division. BNP Paribas has one of the highest credit ratings in its peer group
with the long term debt of the group currently ranked AA- by S&P, Aa3 by
Moody's and A+ by Fitch.
The
firm is a universal bank split into three strategic business units: Retail
Banking, Corporate & Investment Banking and Investment Solutions (which
includes Asset Management, custodial banking, and real estate services).
BNP
Paribas's four domestic markets are France, Italy, Belgium, and Luxembourg. It
also has significant retail operations in the United States, Poland, Turkey,
Ukraine, and North Africa, as well as large-scale investment banking operations
in New York, London, Hong Kong, and Singapore.
- France (17%)
- Belgium (11.6%)
- AXA insurance company
- Customers
- Employees
- General Mediterranean Holdings
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United States-New York-New York-787 Seventh Avenue
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United States-New York-New York-787 Seventh Avenue
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United States-New York-New York-787 Seventh Avenue
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United States-New York-New York-787 Seventh Avenue
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