BNP Paribas has been named GlobalCapital’s
Derivatives Bank of the Year. The bank also landed awards for best credit
derivatives bank and best interest rates derivatives bank.
The GlobalCapital Derivatives awards
recognise banks that have grown, innovated and strengthened the global
derivatives market over the past year. They are judged by the editors of
GlobalCapital along with market participants. This is the second time BNP
Paribas has won the Derivatives Bank of the Year award since the creation of
the Global Markets business in 2014.
Olivier Osty, Executive Head of Global
Markets said: “It is an honour to win the Derivatives Bank of the Year Award
and the bank awards for both Credit and Interest Rate Derivatives. At BNP
Paribas Global Markets we build long-term relationships with our corporate and
institutional clients, serving them with innovative solutions that meet their
needs worldwide across all asset classes. Winning these awards is a testament
to the strength of these relationships, and I would like to thank all our
clients and teams for making this achievement possible.”
In relation to the Derivatives Bank of the
Year award, GlobalCapital said: “BNP Paribas demonstrated an impressive
strategy for expanding its derivatives offering while maintaining its existing
strengths and won praise for its can do attitude in adapting to technological
change.”