BOSTON, MA--(Marketwired - Feb 24, 2014) - BNP Paribas Corporate and Investment Banking is pleased to announce that its broker-dealer affiliate, BNP Paribas Securities Corp., has opened a new institutional sales office in Boston, MA.
The establishment of this new office signifies BNP Paribas Securities Corp.'s commitment to growing its coverage of institutional clients in the greater Boston region and will enable it to further strengthen its offering to this important client base. In addition to Boston, BNP Paribas Securities Corp. has a major institutional sales presence in in New York, Chicago and San Francisco.
"Establishing a local office in this institutional client-rich region demonstrates our desire to enhance and expand customer relationships and compete on an equal footing with our competitors," commented Jon Bass, Head of Fixed Income Distribution and Institutional Relationship Management, North Americas.
The office will initially be staffed by industry veterans Robert Earl (Senior Relationship Manager) and Daniel Patterson (Equity Sales Trading), each of whom brings over 20 years' worth of industry experience to this new venture.
"Both Robert and Dan possess significant client relationships in the Boston region and their appointment to this venture demonstrates senior management's commitment to serving institutional clients in this important market," added Chris Innes, Head of Equities Americas.
About BNP Paribas:
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80 countries with 190,000 employees, including 145,000 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 Mediterranean basin countries, in Turkey, in Eastern Europe and 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-Pacific.
Brokerage services and/or securities products are offered through BNP Paribas Securities Corp., an affiliate of BNP Paribas, a U.S. registered broker-dealer and a member of SIPC, FINRA, the NYSE and other principal exchanges, whose primary office is at 787 Seventh Avenue, New York, NY 10019.