BNP Paribas in Switzerland

Media Release: BNP Paribas becomes the eighth issuer on deritrade, Vontobel’s leading platform for structured products.

7 August 2019

Starting from August 2019, Vontobel’s digital market place for structured products, deritrade, will expand its product offering to investors with the introduction of Autocallable Barrier Reverse Convertible payoff structures from BNP Paribas as the eighth
issuer on the platform.

“We are very happy to join as an issuer on one of Switzerland’s leading structured products platforms for Private Banking clients. It enables us to gain immediate access to over 70 Swiss banks and 550 External Asset Managers with an addressable AuM potential of over CHF 2’000 billion – in a purely digital fashion, since deritrade offers a fully automated service for the end client”, says Renaud Meary, Global Head of Private Banking and Distribution at BNP Paribas Global Markets. “It is fully aligned with our global strategy aimed at capturing the flows and at partnering with the most prominent platforms aggregating such flows”.

“On behalf of our clients, I am especially pleased to have BNP Paribas as a new issuer on deritrade. Their expertise in the world of structured products, specifically in Autocallable Barrrier Reverse Convertible Certificates, reinforces deritrade’s positioning as a leading digital structured products platform for institutional clients. BNP Paribas, as an  established leader in structured products, offers us a truly global reach and prominence in this area and opens possibilities for future expansion and synergies of the platform”, says Roger Studer, Head of Vontobel Investment Banking.

With strong roots anchored in Europe’s banking history, BNP Paribas supports its clients and employees in today’s changing world and has positioned itself as a leading bank in the Eurozone and a prominent international banking institution. Within Global Markets, BNP Paribas’ teams provide customized and innovative investment in equity markets across the globe.

deritrade is one of the leading multi-issuer platforms for tailor-made products in Switzerland. Over the years, deritrade has evolved into an intuitive self-service platform for relationship managers and external asset managers in Switzerland who want to offer their distinct private clientele a sensible choice of tailor-made structured products at transparent and competitive prices with a MiFID II compliant front-to-end-service over the whole product lifecycle. In 2018, over 36’000 individually tailored products with an issuance volume of CHF 6.0 billion (CHF 4.6 billion in 2017) were issued on deritrade.

Vontobel - Media Relations

Peter Dietlmaier
+41 58 283 59 30
peter.dietlmaier@vontobel.com

Urs Fehr
+41 58 283 57 90
urs.fehr@vontobel.com

Investor Relations

Michèle Schnyder
+41 58 283 76 97
michele.schnyder@vontobel.com

BNP Paribas - Media Relations

Isabelle Wolff
+41 58 283 81 10
isabelle.wolff@bnpparibas.com

Laurence Anthony
+41 58 283 97 62
laurence.anthony@bnpparibas.com

About Vontobel

At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead. As a globally operating financial expert with Swiss roots, we specialize in wealth management, active asset management and investment solutions. We empower our employees to take ownership of their work and bring opportunities to life. Because we are convinced that successful investing starts with assuming personal responsibility. We relentlessly question the achieved, striving to exceed the goals and expectations of our clients. The registered shares of the Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families’ close ties to the company guarantee our entrepreneurial independence. We consider the resulting freedom an obligation to assume social responsibility as well. As of June 30, 2019, Vontobel held CHF 272.2 billion of total client assets. Around the world and in our home market, we serve our clients from 27 locations.

About BNP Paribas (Suisse) SA

With almost 1,400 employees and 4 establishments in Geneva, Zurich, Basel and Lugano, BNP Paribas (Suisse) SA is a leading European bank in Switzerland for businesses, institutions and private clients. Established in Switzerland since 1872, we are here to develop over the long term, with a specific strategy for each business-line: To be the privileged partner of businesses and institutions, to accompany them in their development in Europe and internationally, with our “One Bank for Corporates” initiative. To be a reference in Wealth Management in terms of expertise and of service for our private clients and entrepreneurs. To be a center of excellence for funding of raw materials thanks to our “Specialized Trade Solutions” offer at the service of our historical customers who share our values, and of the bank’s corporate clients in Europe. The integrated model of the BNP Paribas Group enables us to offer our clients the financial stability of a first rate bank in Europe with international reach and a full range of products and investments. By developing privileged long-term relationships with our customers, we aspire to contribute to sustainable and responsible growth. Since 2015, BNP Paribas is also an active member at the Swiss Structured Products Association SSPA.

BNP Paribas in Switzerland

BNP Paribas in Switzerland is committed to promoting women at every level

11 March 2019

  • Equal opportunities at every level of the company
  • Non-discrimination principles applied
  • Over 30% of the employees with an Executive Officer status are women
  • Promoting and encouraging values of sharing and innovation.

Diversity and inclusion as our core values

BNP Paribas promotes equal opportunities at every level of the company

As a part of its proactive accountability policy, BNP Paribas promotes equal opportunities at every level of the company. Diversity, inclusion and gender equality are core values that are expressed through tangible initiatives, such as a global commitment to the Women’s Empowerment Principles and a partnership with the HeForShe campaign.

Non-discrimination principles applied at every career stage

Trusted criteria and objectives in order to ensure equal treatment

As a responsible employer, the bank draws on trusted criteria and objectives in order to ensure equal treatment, including having at least one woman in final candidate lists and a transparent, justified choice for every decision made, as well as a fixed salary scale for each type of position within the company.

In everyday operations, a healthy work-life balance has been supported through the introduction of remote-working and flexible hours for all employees. The bank upholds a zero-tolerance policy to any attempts to violate personal integrity, as well as an anonymous alert system which was established several years ago.

Employees are also supported as they take on greater responsibility. In Switzerland, over 30% of the employees with an Executive Officer status are women, like CEO Monique Vialatou, who was appointed to her role in the summer of 2018.

MixCity is an association that supports women in their personal and professional development.”

Béatrice Joliot

Meet Béatrice Joliot

Senior Legal Counsel and Director of the MixCity Executive Committee in Switzerland

Beatrice explains the role of a women’s network in a bank, and how it can help to address issues related to equality.

In brief, what is MixCity and how is the network useful in a company like BNP Paribas in Switzerland?

MixCity is an association that supports women in their personal and professional development at BNP Paribas. The network is active on a global scale, and 14 networks have been established since 2009. Switzerland’s association emerged in 2015.

It promotes networking between women, as well as gender equality and the sharing of experiences.

Which themes do you plan to address in 2019?

Although a wide range of topics will be broached throughout the year, two particular themes will be central to our work for 2019: examples of career paths presented by women who are leaders in their field, and “self-marketing”. The latter can help women to assert their value, build up their image and gain recognition for their skills. These workshops and presentations generally take place at informal, women-only lunches in order to create an environment that fosters listening and trust.

Why did you decide to open the network up to men? How can they help to promote equality?

The importance of involving men in the fight for gender equality is becoming increasingly clear, simply because everyone is affected. Discussing these issues with male colleagues gives them a better understanding and allows them to provide better support, in order to work towards more progress and fulfilment at the bank. We need them just as they need us.

Which figure inspires you on a daily basis?

On a daily basis, I’m not sure. However, I am very grateful for the work of the Suffragette movement led by Emmeline Pankhurst, which secured the vote for women.

Discover MixCity
BNP Paribas in Switzerland

BNP Paribas Global Markets in Zurich is boosting its operations

With three new hires in the second half of 2018 BNP Paribas Global Markets in Zurich is boosting its operations. Andrea Baumeister, as THEAM Sales Switzerland, Equity Derivatives Group She is ...

6 February 2019

With three new hires in the second half of 2018 BNP Paribas Global Markets in Zurich is boosting its operations.

Andrea Baumeister, as THEAM Sales Switzerland, Equity Derivatives Group

 width=She is responsible for distributing the THEAM Quant funds across Switzerland. After graduating from HSG St Gallen Andrea worked for various European and US investment banks in Zurich, London and Hong Kong as derivatives sales in equities, credit & rates and FX. She joined BNP Paribas in 2009 and has spent the last seven years in Hong Kong covering institutional clients for equity derivatives.

Marc Leo Schweizer, as Portfolio Solutions Sales Specialist

 width=He is responsible for the Independent Asset Managers and distribution business in the German speaking part of Switzerland. He holds a M.A. from the University of St. Gallen (HSG) and prior to his recent appointment at BNP Paribas, he had worked since 2011 for Société Générale Corporate and Investment Banking in various positions. In his last role, he was a Structured Products Sales Specialist within the Cross-Asset Solutions team in Zurich.

Pascal Sahli, as Head Institutional Sales Switzerland

He is responsible for cross asset solutions, derivatives and THEAM fund distribution for institutional Clients across Switzerland, including Pension Funds, Insurance Companies, Asset Managers, Discretionary Portfolio Managers and Family Offices. Pascal is based in Zurich, Switzerland while his team is located in Paris and Zurich. Prior to joining BNP Paribas, Pascal was heading the Swiss solutions and equity derivatives business at Bank of America Merrill Lynch as well as the Pension and Insurance Solutions business for Switzerland at Goldman Sachs International in London. Pascal holds a degree from the University of St Gallen, Switzerland.

BNP Paribas in Switzerland

BNP Paribas Asset Management lists its low carbon ETF in Switzerland

BNP Paribas Asset Management confirms its commitment to low carbon finance on the 10th anniversary of its BNP Paribas Easy Low Carbon 100 Europe® UCITS ETF and strengthens its offer in ...

13 December 2018

  BNP Paribas Asset Management confirms its commitment to low carbon finance on the 10th anniversary of its BNP Paribas Easy Low Carbon 100 Europe® UCITS ETF and strengthens its offer in Switzerland with the listing of this ETF on the SIX Swiss Exchange on 11 December 2018. Launched in October 2008, BNP Paribas Easy Low Carbon 100 Europe® UCITS ETF was the first low carbon fund, offering investors an effective investment solution to reduce the carbon footprint of their investment portfolio. It replicates the Low Carbon 100 Europe® NR, an index created and published by Euronext that contributes to financing energy transition by redirecting investments towards those companies that are most active in reducing their carbon emissions and that offer the products and services required for energy transition to occur. Euronext recently announced the exclusion of fossil fuel companies following its December rebalancing of the index.  width= This is a sub-fund of BNP Paribas Easy, a sicav under Luxembourg law that complies with Directive 2009/65/EC. The sub-fund has been approved in Switzerland by the Swiss Financial Market Supervisory Authority (FINMA). It is listed on the SIX Swiss Exchange as of 11 December 2018. Past performance is no guarantee of future performance. Investments in funds are subject to market fluctuations and the risks inherent in investing in securities. The value of the investments and the income they generate may go up or down, and investors may not get back the amount they initially invested. The fund described presents a risk of loss of capital. For a more detailed definition and description of the risks involved, please refer to the fund’s prospectus and “Key information for investor“. Before subscribing, you must read the most recent version of the prospectus and “Key information for investor”, available free of charge on our website www.easy.bnpparibas.ch.

BNP Paribas in Switzerland

ECOM Signs a USD 650 million dual tranche Social Impact Revolving Credit Facility

ABN AMRO Bank N.V., BNP Paribas and Commerzbank AG were mandated by ECOM Agroindustrial Corp. Ltd. ("ECOM" or "The Company") to arrange the refinancing of their USD 650m Multicurrency Revolving ...

12 October 2018

ABN AMRO Bank N.V., BNP Paribas and Commerzbank AG were mandated by ECOM Agroindustrial Corp. Ltd. (“ECOM” or “The Company”) to arrange the refinancing of their USD 650m Multicurrency Revolving Credit Facility dated 12th October 2016 and subsequently extended in 2017. The refinancing adds a new 3y RCF (with one 1y extension option) to the existing 1y RCF structure (including three 1y extension options), split USD 216.7m and USD 433.3m respectively. Both tranches include an innovative social impact incentive to interlink ECOM’s social impact objectives and the company’s funding. Any social impact discount received by the Company will be distributed into the ECOM Foundation and ECOM’s Sustainable Management Services division. The ECOM Foundation is a not-for-profit organisation supporting projects in origin producing communities. ECOM’s Sustainable Management Services division is a support function within the Company focused on providing agronomy services and technical assistance to farmers and communities. The social impact incentive was well received by lenders and the transaction closed oversubscribed with subsequent scale back for all lenders. The syndicate comprises 27 banks including 2 new banks, with the following titles:  

Bookrunner and Mandated Lead Arranger

  • ABN AMRO BANK N.V.
  • BNP PARIBAS (SUISSE) SA
  • COMMERZBANK AG
  •  HSBC
  • ING
  • Natixis
  • Rabobank
  • RBI
  • Zürcher Kantonalbank

 

Lead Arranger

  • Banco do Brasil S.A.
  • Deutsche Bank
  • KFW Ipex-Bank
  • UBS
  • UniCredit

 

Arranger

  • Agriculture Bank of China
  • Bank of Tokyo-Mitsubishi
  • Credit Agricole (Suisse)
  • DZ Bank
  • Garanti Bank
  • KBC Bank
  • Nedbank
  • OCBC
  • Societe Generale
  • Wells Fargo

 

Participant

  • BCGE
  • BIC-BRED
BNP Paribas in Switzerland

Nomination : Vahram Yerikian appointed Head of Specialized Trade Solutions EMEA for BNP Paribas.

Since last July 6, Vahram Yerikian is officially Head of Specialized Trade Solutions EMEA for BNP Paribas. Graduate from Dauphine Paris IX University in Economics and Finance, Vahram began ...

24 September 2018

Since last July 6, Vahram Yerikian is officially Head of Specialized Trade Solutions EMEA for BNP Paribas.  width= Graduate from Dauphine Paris IX University in Economics and Finance, Vahram began his career at BNP Paribas in 1999 within CIB in Paris, first in the Loan Syndication & Trading department. He has then held various positions such as Head of Paris Project Finance Hub, Co-Head of Brussels & Paris Project Finance Hub. He joined BNP Paribas (Suisse) SA in 2015 and has just become Head of Specialized Trade Solutions EMEA in 2018. “The development of this business is at the heart of our strategy and our growth objectives are ambitious. I am delighted to take this responsibility and meet the many challenges ahead.”

BNP Paribas in Switzerland

Nomination : Loïc Senechal appointed Head of Transaction Banking

As Head of Transaction Banking for Switzerland, Loic Senechal will lead the Cash Management, the Traditional Trade and Supply Chain Management. Graduate of a Master in Economics and Finance, ...

17 September 2018

Loic SénéchalAs Head of Transaction Banking for Switzerland, Loic Senechal will lead the Cash Management, the Traditional Trade and Supply Chain Management. Graduate of a Master in Economics and Finance, Loïc began his career at BNP Paribas. Loic Sénéchal has a solid experience across geographies, a key element to develop the Transaction Banking franchise. Loic has occupied long and various positions in the Transaction business in France, Middle-East (Bahrain) and in Asia (Singapore, China). In his last position, from 2015 to 2018, Loic was in charge of the Transaction Banking for China.

This new organization in Switzerland combining Cash Management and Trade teams (sales and products) will enable us to further develop the flow banking business by streamlining the interactions with internal stakeholders and clients. This will help Loic and his team, amongst key objectives, get new market shares and support the transformation of the Bank through the digitisation of the flows”, explains Patrick Voegeli, member of the General Management of BNP Paribas in Switzerland.

BNP Paribas in Switzerland

Yannick Duval appointed as Chief Operating Officer of BNP Paribas Wealth Management

Yannick Duval is appointed Chief Operating Officer (COO) of BNP Paribas (Suisse) SA, with responsibility for Operations, Finance, Information Systems Department and ALM Treasury. Yannick is a ...

22 June 2018

Yannick Duval is appointed Chief Operating Officer (COO) of BNP Paribas (Suisse) SA, with responsibility for Operations, Finance, Information Systems Department and ALM Treasury. Yannick is a member of the bank’s Executive Management. Yannick’s mission is to oversee the continued transformation, digitalisation and security strengthening of the bank, in accordance with the 2020 Strategy for BNP Paribas in Switzerland and in the best  interests of our clients and employees.  

Biography

Yannick Duval, 52, is a French national and graduate of IFSIC / INSA Rennes with a wealth of international experience in the banking and financial sector. He started his career with Société Générale, working with their IT teams in Paris and later Tokyo. He subsequently moved to Crédit Agricole Indosuez, occupying a series of roles in Japan, Singapore, Dubai and Paris. Yannick joined BNP Paribas in 2002 as Director of E-Commerce Strategy and Web Services in the Fixed Income PMO in London, then Paris, before being promoted COO in Tokyo, then COO/Secretary General of BNP Paribas in Amsterdam and finally Lisbon, where he was responsible for setting up the service platform for Europe.

BNP Paribas in Switzerland

Monique Vialatou appointed Chief Executive Officer for BNP Paribas in Switzerland

Monique Vialatou will become Chief Executive Officer of BNP Paribas (Suisse) SA effective July 1st. She succeeds to Geoffroy Bazin who is appointed Country Head of BNP Paribas Group in Luxembourg ...

25 May 2018

 width=Monique Vialatou will become Chief Executive Officer of BNP Paribas (Suisse) SA effective July 1st. She succeeds to Geoffroy Bazin who is appointed Country Head of BNP Paribas Group in Luxembourg and CEO of BGL BNP Paribas.   Monique Vialatou has been with the BNP Paribas Group for more than 30 years. She possesses a wealth of experience both in retail banking in France and within CIB. She has held several positions with Large Corporate Coverage teams in France, and in the United States as Senior Relationship Manager. She was Country Head of BNP Paribas Group in Thailand. Since 2014, Monique has been CEO of the bank in Canada where she plays a major role in the development of the BNP Paribas franchise and for connectivity in the region. She is also a member of the Americas Executive Committee. According to the Chairman of the Board of Directors, Jean Clamon, “thanks to the constant energy and commitment of Geoffroy Bazin over the last five years in Switzerland, and I thank him very sincerely, BNP Paribas (Suisse) SA performs very positively in its first year of the development plan for 2020. There’s no doubt that given her management qualities and her expertise, Monique Vialatou will continue the business development and increase and intensify the responsible innovation and commitment initiative of the bank in Switzerland.” Talking about her new functions, Monique Vialatou added “I am delighted to be joining the  BNP Paribas team in Switzerland and intend to put all my energy, along with fellow employees, into successfully accomplishing the development plan for 2020.”  

BNP Paribas in Switzerland

Appointment : Enna Pariset, Head of Corporate and Commodities Coverage for BNP Paribas in Switzerland

As of April, Enna Pariset becomes Head of Corporate and Commodities Coverage for BNP Paribas in Switzerland. She splits her time between Geneva and Zurich. Enna Pariset has 25 years of experience ...

5 April 2018

As of April, Enna Pariset becomes Head of Corporate and Commodities Coverage for BNP Paribas in Switzerland. She splits her time between Geneva and Zurich.

 width=Enna Pariset has 25 years of experience working in the US, the UK, France and Switzerland. She has previously worked at the World Bank in Washington DC and at JP Morgan in London and Paris. Enna has been with BNP Paribas for nearly 15 years in both client origination and management roles, encompassing Mergers & Acquisitions, Commodities and Coverage. She also served as Global Head of Metals and Mining Investment Banking. Prior to her new role she was Head of Food, Beverage and Retail Investment Banking EMEA for the last two years. Enna will report to Patrick Voegeli, member of BNP Paribas (Suisse) SA’s Executive Committee and Head of Corporate and Institutional Banking in Switzerland, on one hand, and on the other hand to Christopher Kramme, Co-Head of Corporate Coverage-EMEA for BNP Paribas Group. Enna replaces Dorothée Regazzoni who is becoming Head of Corporate Coverage for BNP Paribas in Germany.