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BNP Paribas
BNP Paribas Average Score 2022 Average Score 2021 Average Score last 3 years Global Average Difference with Global Average Capital Introductions 4.40 5.00 5.17 5.38 -0.98 Client Services 5.61 6.41 6.16 6.14 -0.53 Consulting 4.67 5.67 5.57 5.91 -1.24 Operations 5.84 6.58 6.27 6.00 -0.16 Technology 5.61 5.76 5.74 5.79 -0.18 Risk Management 6.00 5.94 5.96 5.88 0.12 Asset Safety 6.23 6.15 6.22 6.15 0.08 Trading and Execution 6.00 6.19 6.08 6.19 -0.19 Financing 4.64 6.68 5.76 5.81 -1.17 Stock Borrowing and Lending 5.53 5.88 5.86 5.93 -0.40 Foreign Exchange Prime Brokerage 6.25 6.75 6.49 6.04 0.21 Fixed Income 6.00 5.69 6.06 6.00 0.00 OTC Clearing 6.50 6.63 6.52 5.92 0.58 Listed Derivatives 5.75 5.83 5.94 6.07 -0.32 Average 5.65 6.08 5.98 5.94 -0.29
BNP Paribas looked set to move up a league in size when it completed the transfer at the beginning of the year of clients , technology and key staff from Deutsche Bank ’ s prime brokerage business as well as receiving referrals from Credit Suisse , but since the acquisition it has not all been plain sailing with the departure of some of its best-known personnel for new pastures . Although the bank recently beat Q2 earnings forecasts , in part due to increased investment bank activity , clients responding for the bank in this year ’ s survey have marked it down compared to last year , leaving its overall score a little below the global average . While Fixed Income , Asset Safety and Risk Management did record increases , significant falls were registered for Financing , Consulting , Operations and Capital Introductions . Several client service and relationship management personnel came in for specific praise . There appears , however , to be a degree of organisational indigestion to overcome before returning BNP Paribas ’ scores to an upward trajectory . One UK-based client comments that , “ The individual client relationship manager is very helpful , but outside that , BNPP Prime Brokerage management and organisational support are generally not structured to provide helpful support to clients vs . how other prime brokers provide client service .” That said , 52 % of respondents have rated the bank either Excellent or Very Good overall .
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