NEW YORK, NY--(Marketwire - May 11, 2011) - BNP Paribas Corporate and Investment Banking is pleased to announce its sponsorship of the 6th annual AMS Pi5NY Math Tournament (pi5ny.com) on Saturday, May 14, 2011 in Manhattan.
BNP Paribas is once again partnering with the Urban Assembly School of Applied Math and Science, the New York City Department of Education and The Fund for Public Schools to host the largest in-person math tournament in the country with an anticipated attendance of over 1,000 students from all five of New York's boroughs -- a 20 percent increase in participation from 2010's record-breaking numbers.
The math tournament will be held indoors at the Armory, on Manhattan's upper west side. The activities commence with an Olympic-style parade of mathletes, followed by the 45-minute competition where teams compete to answer the most problems correctly.
BNP Paribas believes education is fundamental to the development of people and society, as well as to economic growth. The BNP Paribas Foundation has recognized this challenge and since 1995, has pursued a global program of action to fight against educational and cultural inequalities that impact children and teenagers from underserved neighborhoods.
The 2011 AMS Pi5NY Math Tournament
Date: Saturday, May 14, 2011
Time: 10:00am (registration) - 1:30pm (awards)
Where: The Armory, 216 Ft Washington Avenue (at 168th Street,) Manhattan
BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking employs around 20,000 people in over 50 countries and services 14,000 corporate and institutional clients worldwide.
BNP Paribas CIB excels in:
Derivatives - where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives
Capital markets - where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)
Structured finance - where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally
www.cib.bnpparibas.com
About BNP Paribas:
BNP Paribas (www.bnpparibas.com) is one of the strongest banks in the world*. The Group has a presence in more than 80 countries and more than 200,000 employees, including more than 160,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Europe-Mediterranean zone and boasts a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.
*Rated AA by Standard & Poor's i.e. 3rd rating level on a scale of 22.
About The Fund for Public Schools:
The Fund for Public Schools is dedicated to improving New York City's public schools by attracting private investment in school reform and encouraging greater involvement by all New Yorkers in the education of our children. This work includes strengthening the New York City Department of Education's relationship with the private sector, securing funding for critical education reform initiatives, helping businesses to create partnerships and programs that support city schools, and raising public awareness about the public schools. The Fund is a 501(c)(3) nonprofit organization. For more information about The Fund for Public Schools, visit www.fundforpublicschools.org.
Contact Information:
Press contacts:
Michele Sicard
Head of Corporate Communications
New York
212.841.3070
Megan Stinson
Media Relations
New York
212.841.3809
Kenneth Baum
Principal
The Urban Assembly School for Applied Math and Science
718.466.7800