BNP Paribas Securities Services Hires Head of Sales to Complement the Launch of Issuing and Paying Agent Services in the US

BNP Paribas Securities Services Hires Head of Sales to Complement the Launch of 
Issuing and Paying Agent Services in the US 
NEW YORK, NY -- (Marketwired) -- 04/14/14 --   BNP Paribas Securities
Services announces the appointment of Jamie Pratt as Head of Sales
Americas for Debt Market Services. The hire follows the launch of the
bank's issuing and paying agent services to US money market issuers
last year.  
Pratt joins from Barclays Capital where he was a director in the
bank's structured finance department in New York. Prior to this, he
was a securitisation banker at Deutsche Bank in London. 
"I am delighted that Jamie has joined us to lead our debt market
services sales. The US money market is a key source of short-term
funding for US and non-US issuers. It is a high volume market with
short deadlines creating significant operational challenges for
issuers," said Claudine Gallagher, regional manager North America at
BNP Paribas Securities Services on the launch. "Our strong
understanding of the local market infrastructure and its regulatory
environment combined with our market-leading technology platform
dedicated to money market processing will help our customers increase
efficiency and reduce operational risk," she added. 
BNP Paribas Securities Services is expanding its presence as a full
service provider in the US money markets and views recent
developments in this space as an opportunity to build on its existing
franchise.  
BNP Paribas Securities Services provides US money market issuers with
comprehensive support in their issuance of short term debt, including
real time reporting and straight through processing to the Depository
Trust & Clearing Corporation (DTCC), as well as the distribution of
periodic interest and maturity payments. 
Debt products administered by BNP Paribas Securities Services in
North America include US commercial paper, US medium term notes, US
certificates of deposit, asset backed commercial paper and
collateralised commercial paper. 
BNP Paribas Securities Services is a leading global custodian with
more than USD 8 trillion in assets under custody and a global custody
network covering over 100 markets. It services all participants in
the financial services industry, helping them protect their
investments, evaluate and report on their portfolios, monitor risk
and enhance returns. BNP Paribas Securities Services has over 50
years of experience in providing debt services across the world. 
About BNP Paribas 
BNP Paribas has a presence in 75 countries with more than 180,000
employees, including more than 140,000 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.  
About BNP Paribas Securities Services 
BNP Paribas Securities Services (http://securities.bnpparibas.com), a
wholly-owned subsidiary of the BNP Paribas Group, is a leading global
custodian and securities services provider backed by the strength of
a universal bank. It provides integrated solutions to all
participants in the investment cycle including the buy-side,
sell-side, corporates and issuers. 
Covering over 100 markets, with our own offices in 34 countries, the
BNP Paribas network is one of the most extensive in the industry. We
bring together local insight and a global network to enable clients
to maximize their market and investment opportunities worldwide.  
Key figures as of 31 December 2013: USD 8,055 billion assets under
custody, USD 1,442 billion assets under administration, 7,067
administered funds and 8,225 employees. 
The information contained within this document ('information') is
believed to be reliable but BNP Paribas Securities Services does not
warrant its completeness or accuracy. Opinions and estimates
contained herein constitute BNP Paribas Securities Services' judgment
and are subject to change without notice. BNP Paribas Securities
Services and its subsidiaries shall not be liable for any errors,
omissions or opinions contained within this document. This material
is not intended as an offer or solicitation for the purchase or sale
of any financial instrument. For the avoidance of doubt, any
information contained within this document will not form an agreement
between parties. Additional information is available on request. 
BNP Paribas Securities Services is incorporated in France as a
Partnership Limited by Shares and is authorised and supervised by the
ACPR (Autorite de Controle Prudentiel et de Resolution ) and the AMF
(Autorite des Marches Financiers). 
BNP Paribas Securities Services, London branch is authorised by the
ACPR, the AMF and the Prudential Regulation Authority and is subject
to limited regulation by the Financial Conduct Authority and
Prudential Regulation Authority. Details about the extent of our
authorisation and regulation by the Prudential Regulation Authority
and regulation by the Financial Conduct Authority are available from
us on request. BNP Paribas Securities Services, London branch is a
member of the London Stock Exchange. BNP Paribas Trust Corporation UK
Limited (a wholly owned subsidiary of BNP Paribas Securities
Services), incorporated in the UK is authorised and regulated by the
Financial Conduct Authority. 
In the U.S., BNP Paribas Securities Services is a business line of
BNP Paribas which is incorporated in France with limited liability.
Services provided under this business line, including the services
described in this document, if offered in the U.S., are offered
through BNP Paribas, New York Branch, 787 Seventh Avenue, New York,
New York 10019 (which is duly authorized and licensed by the State of
New York Department of Financial Services) or if a securities
product, through BNP Paribas Securities Corp. or BNP Paribas Prime
Broker, Inc., each of which is a broker-dealer registered with the
Securities and Exchange Commission and a member of SIPC and the
Financial Industry Regulatory Authority. 
Press Contacts
Cesaltine Gregorio
BNP Paribas
Cesaltine.gregorio@us.bnpparibas.com 
+1 212 841 3719 
Caroline Lumley
BNP Paribas Securities Services 
+44 207 410 4650
Caroline.Lumley@bnpparibas.com  
Jonathan Taylor
BNP Paribas Securities Services 
+44 207 410 3242
Jonathan.Taylor@bnpparibas.com 
 
 
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