2019 Universal registration document and annual financial report - BNP PARIBAS 15

1Presentation of the BnP PariBas GrouP

1

Presentation of operating divisions and business lines

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).

This Global Markets offering includes a range of socially responsible capital markets financing and investment solutions designed to facilitate the energy transition.

In 2019, Global Markets also continued its selective growth strategy with target customers, signing a binding agreement with Deutsche Bank to ensure the continuity of prime brokerage and automatic execution services for asset managers and providing for the electronic transfer of all necessary technology and personnel.

2019 awards

■ Most Innovative Investment Bank for Bonds (The Banker - Investment Banking Awards - September 2019);

■ Research & Strategy House of the Year (Global Capital Derivatives Awards - May 2019);

■ Most Impressive Bank for Corporate Bonds and for Financial Institutions (Global Capital Bond Awards May 2019);

■ Japan House of the Year (AsiaRisk Awards 2019);

■ Derivatives House of the Year and Base Metals House of the Year (EnergyRisk Awards 2019).

2019 rankings

■ No. 1 All bonds in Euros by volume and number of deals (Dealogic 2019);

■ No. 1 All EMEA bonds (Dealogic 2019);

■ No. 8 All International Bonds (Dealogic 2019);

■ No. 3 All Global Green Bonds by volume (Dealogic 2019).

SECURITIES SERVICES Securities Services is one of the major global players in securities services with assets under custody up 13.3% on 2018 to EUR 10,542 billion and assets under administration up 8.1% to EUR 2,512 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, tripartite collateral management, trading service and financing.

In 2019, Securities Services signed an agreement with Allfunds, one of the main fund distribution platforms in the world, to develop new generation services. Securities Services also acquired a strategic interest in Fintech AssetMetrix in order to extend and digitise its services to asset management companies and private capital fund investors.

2019 awards

■ Best Transaction Bank for Securities Services (The Banker September 2019);

■ Custodian of the Year (Asia Risk Awards 2019);

■ European Hedge Fund Administrator of the Year (Funds Europe Awards 2019);

■ Best Bank for Cross Border Custody (AsianInvestor s Asset Management Awards 2019 April 2019);

■ 5 Awards including Best Custodian for Stock Connect (The Asset Triple A Awards June 2019).