Activity description
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BNP Paribas is the largest bank in the Eurozone by total assets and second largest by market capitalization according to The Banker magazine. It employs 140,000 people, of which 80,000 work in Europe, and maintains a presence in 87 countries. The bank is active in the finance, investment and asset management markets.
In France, BNP Paribas is active in retail banking with 2,200 branches and over 3,200 ATM machines. BNP Paribas serves over 6 million French households and 60,000 corporate customers.
In the United States, BNP Paribas owns Bank of the West. It also has investment banking capabilities via their BancWest subsidiary. In particular they are strong in equity derivatives, structured products and project finance. In addition, BNP Paribas maintains a strong middle market merchant banking group. This group focuses on providing leveraged acquisition finance to private equity sponsored leveraged buyouts, both through senior secured syndicated loans, high yield bond offerings, equity co-investment, and mezzanine financing.
BNP Paribas is a member of the Global ATM Alliance, a joint venture of several major international banks that allows customers of the banks to use their ATM card or check card at another bank within the Global ATM Alliance with no fees when traveling internationally.