2020 Universal registration document and annual financial report - BNP PARIBAS16

1 Presentation of the BnP PariBas GrouP

1

Presentation of operating divisions and business lines

GLOBAL MARKETS Global Markets (GM) serves a wide range of corporate customers (companies, institutions, private banks, distributors, etc.) with investment, hedging, financing, research and market intelligence products and services across all asset classes.

Global Markets is an industry leader, with significant market shares on global stock markets, and regularly ranked as one of the leading providers, Global Markets aim is to offer a wide range of financial products and services in the equity, interest rate, foreign exchange, local and credit markets. With over 3,200 employees, Global Markets has global coverage, operating in a number of large-scale business centres, in particular, London, Paris, Brussels, New York, Hong Kong, Singapore and Tokyo.

The business comprises 5 global business lines, with 2 core activities:

■ Fixed Income, Currencies & Commodities:

■ foreign exchange and Local Markets & Commodity Derivatives,

■ G10 Rates,

■ Primary & Credit Markets;

■ Equity & Prime Services:

■ Equity Derivatives,

■ Prime Solutions & Financing (brokerage and financing solutions).

Global Markets Sustainable Finance aims to facilitate the emergence of a carbon neutral economy and a socially responsible world, innovating new ways to help our clients integrate ESG into all their markets activities, and scaling up sustainable finance markets solutions.

In 2020, BNP Paribas was joint-lead manager for a total of USD 17.6 billion in sustainable bonds ( Pandemic bonds ) issued by various issuers in response to the Covid-19 crisis. Beyond its standing in primary markets, solid positions in secondary markets and as market makers, BNP Paribas Global Markets played a critical role in facilitating these issuances.

2020 Awards

■ Investment Bank of the Year for Social Bonds and for Sustainable FIG Financing (The Banker Investment Banking Awards 2020);

■ Americas Interest Rate Derivatives House of the Year (Global Capital Derivatives Awards 2020);

■ Currency Derivatives House of the Year (Risk Awards 2020);

■ Commodity Derivatives House of the Year (EnergyRisk Asia Awards 2020);

■ ABS Bank of the Year (Global Capital European Securitisation Awards 2020);

■ Best FX Prime Broker (FX Markets e-FX Awards 2020);

■ Most Impressive Bank for Corporate Bonds, African Bonds, CEE Bonds (Global Capital Bond Awards 2020);

■ Most Impressive SSA House, FIG House and Corporate Bond House in Euros (Global Capital Bond Awards 2020).

2020 Rankings

■ No. 1 DCM all euro-denominated bonds by amount, number of transactions and revenues (Dealogic, 2020);

■ Forex: Top 3 in terms of volumes(1);

■ Rates: Top 3 for interest rate swaps in euros, Top 3 for euro- denominated government bonds(1);

■ Credit: Top 3 for Euro bonds(1);

■ Equity derivatives: No. 1 for listed warrants and certificates in Europe(1).

BNP PARIBAS SECURITIES SERVICES BNP Paribas Securities Services is one of the major global players in securities services with assets under custody up 4.2% on 2019 to EUR 10,980 billion and assets under administration up 5.8% to EUR 2,658 billion.

Securities Services offers solutions to all participants across the investment cycle:

■ investment banks, broker-dealers, banks and market infrastructures (sell-side operators) are offered solutions in execution services, derivatives clearing, local and global clearing, settlement and custody for all asset classes worldwide. Outsourcing solutions for middle and back-office activities are also provided;

■ institutional investors asset managers, hedge funds, private equity funds, real estate and sovereign wealth funds, insurance companies, pension funds, fund distributors and promoters (buy-side operators) enjoy a wide range of services: global custody, custodian and fiduciary services, transfer agent and fund distribution support, fund administration and middle-office outsourcing, investment, risk assessment and performance reporting;

■ issuers (originators, arrangers and corporates) have access to a wide range of fiduciary management services: securitisation and structured finance services, debt agency services, issuer advisory, stock-option plans and employee shareholding management, shareholder services and management of Shareholders Meetings;

■ market and financing services are offered to all operators: securities lending and borrowing, foreign exchange, credit and collateral management, triparty collateral management, trading service and financing.

(1) Average rankings on the main platforms; source: Forex: FX All, 360T and Bloomberg, Rates: Bloomberg and Tradeweb, Credit: Bloomberg, Tradeweb and MarketAxess.