BNP Paribas has been named by the research firm Coalition as
one of the strongest investment banking performers in the first half of this
year in EMEA, compared to the previous annual period. The bank moved from
eighth to fifth place, in the rankings that are based on bank’s revenues accross
advisory, capital markets, sales and trading.
The equities and investment banking businesses areas were
highlighted as strong performers. The improvement in ranking puts BNP Paribas
in joint fifth place with HSBC and Morgan Stanley.
Head of CIB, Yann Gerardin said “Our CIB transformation plan
continues to focus on resource optimisation, cost reduction and revenue growth
and we have committed to growing our corporate customer base in Europe, with
the ambition to be the leading European bank in EMEA for CIB businesses.”