In its Investment Banking Awards 2022, leading financial publication The Banker has named BNP Paribas Investment Bank of the Year, Investment Bank of the Year for Equity Derivatives and Investment Bank of the Year for Syndicated Loans.
These awards, which recognise the Bank’s performance over the 12 months to July 2022, are a testament to BNP Paribas’ role in supporting clients in a context marked by the post-pandemic recovery and increased market volatility, as well as our unwavering commitment to support our clients’ transition to a low carbon economy.
The overall Investment Bank of the Year accolade is not open for direct entry. The Banker selected BNP Paribas “on the strength of their entries across our regional, product and coverage categories.”
The Banker editors explain: Award winners “are judged in turn on the quality of service, execution and problem-solving that banks have provided. As in previous years, an important consideration has been how vital a role ESG factors have played in bank activities and how banks have supported clients to achieve their sustainability goals. The extent to which banks’ innovations have benefited clients or improved market operations has also played an important part in the judges’ decisions.”
“A bank with momentum”
The Banker recognised BNP Paribas for the breadth and depth of its products and services across geographies and business lines, as well as the hard work and talent of its teams.
Specifically reflecting on the Investment Bank of the Year award, The Banker editors noted:
“BNP Paribas is a bank with momentum. It has an ambitious plan and, by adapting to challenging market conditions, it has been able to stick to it, even as some of its peers have struggled. In the past year, it has impressed across the board, but perhaps most notably in mergers and acquisitions (M&A), syndicated loans and equity derivatives.”
They further added: “BNP Paribas’s ambition to diversify its business model from a structured products house to delivering on flow is succeeding, thanks to this full equity offering across execution, financing, derivatives and research, and the client diversification that comes with it.”
Some awards have a special resonance: today, being honoured Best Investment Bank is not only a testimony of our teams’ expertise, but also a recognition of the relevance of the Bank’s integrated model. I am proud to share it with our teams, engaged to serve our clients, day after day, weathering an uncertain economy while transitioning to a more sustainable future.Yann Gérardin, Global Head of CIB and Group Chief Operating Officer, BNP Paribas
A leader in the EMEA loan market
In awarding the Bank Investment Bank of the Year for Syndicated Loans for the second consecutive year, The Banker judges noted: “BNP Paribas retains its lead in the Europe, the Middle East and Africa (EMEA) loan market, ranked first by volume in the 12 months to July 2022, according to Dealogic data. It continues to deliver for its clients, combining its large underwriting appetite with structuring and distribution strength.”
“BNP Paribas has helped its clients adapt to post-pandemic reality by encouraging the bank market to offer more borrower-friendly terms, with longer maturities and lower pricing. […] Sustainability is now of the three main pillars of the bank’s philosophy, which aims to include the topic in most discussions with clients,” The Banker noted.
This award is a great recognition of the strength, added value and market access our origination and distribution teams provide to our clients, year in and year out, including under more challenging market conditions. It also reflects the continued trust of our clients as they consider all of their financing needs, which we value greatly.Renaud-Franck Falce, Head of Capital Markets for EMEA, BNP Paribas
Innovation, client acquisition and electronic platforms
As for the Investment Bank of the Year for Equity Derivatives award, The Banker acknowledged BNP Paribas’ drive to grow its business even during challenging times, as well as the innovative approach that helped turn this ambition into reality.
To quote the publication’s editors, “The first quarter of 2022 was the best-ever quarter for equity derivatives at BNP Paribas, after a record year in 2021. The bank believes this was a vindication of its business strategy — a successful combination of innovation, client acquisition and the strengthening of its electronic platforms. Its ambition is to be the number-one European equity derivatives house “on the world stage”.
We are honoured to win Investment Bank of the Year for Equity Derivatives. We have worked tirelessly to build a fully-fledged equities house with a comprehensive offering from cash, through prime services, to derivatives and are proud to be able to support our clients this year as they navigate the challenging environment.Nicolas Marque, Head of Global Equities, Global Markets, BNP Paribas
BNP Paribas also won top honours at the Global Capital Derivatives Awards 2022, with the overall Global Derivatives House of the Year award as well as Derivatives House of the Year – Europe and Asia.
Congratulations to all the teams involved and heartfelt thanks to clients and partners for their continued support.