Euroclear has entered into exclusive negotiations to acquire Uptevia, a France-based corporate trust services provider. Uptevia is currently jointly owned by BNP Paribas and CACEIS. Through Uptevia, Euroclear will add specialist issuer capabilities and reinforce its position in the French market, complementing its existing market infrastructure and post-trade services across key European markets, including Belgium,…
Category: BNPP
Pat Hayes retires
Patrick (Pat) Hayes has retired from BNP Paribas, after a 10-year stint that included head of the UK for the securities services business and, most recently, global head of alternative investors, running the alternatives administration business. Hayes has been based in Dublin since joining State Street in 2007. All my very best wishes to Pat…
BNPP wins EUR8bn Italian mandate
BNP Paribas has been awarded a mandate by BCC Risparmio & Previdenza S.G.R.p.A., the asset management company of the Iccrea Cooperative Banking Group, to provide services covering EUR8bn (USD9.3bn) of assets, including the Aureo open-ended pension fund and Italian-domiciled UCITS funds. Under this mandate, BNP Paribas will provide BCC Risparmio & Previdenza with services including…
BNPP makes succession changes
Following the recently announced moves of Robert van Kerkhoff and Alison Gurd, BNP Paribas has announced their replacements. Laurent Durdilly takes on three leadership roles, including head of Luxembourg, Ireland and the Channel Islands for securities services, head of Luxembourg for corporate & institutional banking, and CEO of BNP Paribas SA Luxembourg Branch, based in…
BNPP reshuffles offshore management
BNP Paribas has appointed Robert van Kerkhoff as head of institutional investors sales & client coverage, and Alison Gurd as head of client experience & servicing. Both report to Alessandro Gioffreda, head of client coverage & territories for securities services. Van Kerkhoff will be based in Madrid, moving from Luxembourg, where he was most recently…
BNPP appoints head of Americas
BNP Paribas has appointed Stéphane Pellerin as head of Americas for its securities services business. Based in New York, Pellerin will report to Claudine Gallagher, head of securities services. Pellerin will continue in his current role as head of derivatives execution & clearing and foreign exchange prime brokerage for the Americas. He replaces Denis Bon,…
BNPP appoints head of FI&C for AsPac
BNP Paribas has appointed Gary O’Brien as head of financial intermediaries & corporates (FI&C) client line for its securities services business in Asia Pacific. Based in Australia, he reports regionally to Franck Dubois, head of Asia Pacific for securities services, and functionally to Bruno Campenon, global head of the FI&C client line. He was most…
BNPP promotes within FI&C client line
The securities services business of BNP Paribas has appointed Camille Papillard as deputy head of its financial intermediaries & corporates (FI&C) client line, and Laurent Libiszewski as regional head of FI&C EMEA. Both report to Bruno Campenon, head of the FI&C client line. Libiszewski expands his responsibilities to regional head of FI&C EMEA, succeeding Papillard,…
BNPP & Janus Henderson sign long-term deal
Janus Henderson has awarded a “long-term strategic mandate” to BNP Paribas to provide a range of fund and market & financing services across the UK, France, Luxembourg, and Australia. BNP Paribas will expand its partnership with Janus Henderson by leveraging the bank’s diversified capabilities, including those of its Global Markets business. Janus Henderson, the asset…
BNPP extends Auto FX service
BNP Paribas’ securities services business has extended its multi-custodian third-party Automated FX service to continental Europe. La Financière de l’Échiquier, a European asset manager with EUR28bn (USD33bn) AuM, is the first client in France to benefit from the bank’s third-party FX solution, covering all 40 of its French funds.