BNP Paribas Wealth Management: 2019 in Retrospective
#Corporate News — 20.12.2019

BNP Paribas Wealth Management: 2019 Year in Review

2019 Retrospective

#myImpact

A tool to promote sustainable investments

Co-created with more than 100 clients in France and Luxembourg using an agile method, myImpact guides our clients to define their impact profiles. We can thus propose an investment strategy and a personalized philanthropic strategy in line with their personal values. Launched in 2019 in France, Luxembourg and the United States, this solution will be extended in 2020 to our clients in Italy, Poland and Belgium. >> Find out more

#NewServices

“100% Remote” suite of services offering unique flexibility

o E-Private: 100% digital service model

Available since September in France, this unique offer offers extensive digital functionalities including electronic signature or access to our best experts in wealth engineering, financial investments or credit. Our customers can access the same functionality via their mobile or laptop as those previously reserved for face-to-face meetings.

o Privilege Connect: an answer within 24h

For Private Banking and Wealth Management clients in France, Italy and Belgium, we are offering a new service allowing them to access, in a personalized manner and over long periods of time, an advisor to carry out operations of daily banking, helping them in their digital transactions. A true facilitator of everyday life, this service makes every effort to respond to requests within 24 hours.

#Strategy

In Europe, BNP Paribas Wealth Management acquired the private banking business of ABN Amro in Luxembourg in September, bringing in € 5.6 billion in additional assets under management and strengthening our position in the large entrepreneur segment. In April, we acquired the main banking activities of the Polish branch of Raiffeisen Bank International, positioning ourselves as the number 1 in number of customers in Poland with 13% market share. In Germany, where we were present on the private banking clientele via a joint venture with Consorsbank, we are expanding our activity with a new device intended for large heritage and in particular entrepreneurs of the Mittelstand, with an international approach and combined with the bank of investment and real estate, already well established locally.

Outside of Europe, our business was launched in the United States in 2011 targeting Silicon Valley entrepreneurs and strengthened in New York in 2018. We are currently managing more than $ 14 billion and are targeting $ 21 billion over the years to come up. In the Middle East, we are strengthening the UHNW segment through our dynamic hub. In Asia, where we are present in China, Southeast Asia and India, we are well positioned to continue our growth. We are seeing a very positive boom in Southeast Asia, in addition to North Asia. We are attracting new clients while continuing to recruit experienced bankers.

#AcademicPartnerships

Accelerate the sustainable development of businesses and promote the leadership of the most promising women leaders

o The “Sustainability Leadership” program in partnership with the University of Cambridge in England: for 2 years, we have brought together business leaders from all over the world at the University of Cambridge. This program promotes connections and supports entrepreneurs in their will to accelerate the transformation of their business to integrate sustainable development into their activity. >> Find out more

o The "Women Entrepreneur" program in partnership with Stanford University in California: for 5 years, we have been bringing together women CEOs as well as women with high potential from the Bank on the Stanford University campus . For a week, these women entrepreneurs participate in various sessions combining knowledge, skills acquisition and development. >> Find out more

#PrivateEquity

Encourage investments in unlisted companies

In recent years, we have seen an increased appetite from our clients for Private Equity. In an environment of still low interest rates, investors are looking for diversification and are targeting double-digit returns to optimize the risk profile of their investment portfolio while preserving their yield targets. They also want to take full advantage of exposure to unlisted companies and businesses run by entrepreneurs. Since 1998, our team of dedicated experts has offered a wide range of exclusive investment opportunities among the best performing private equity funds in Europe, the United States and Asia. These funds cover a variety of strategies (LBO, growth capital, mezzanine debt and secondary transactions) and allow you to be an actor involved in the real economy. In 2019, we raised almost $ 800 million in Private Equity / Private Real Estate. >> Find out more

#SustainableInvestments

New perspectives for sustainable investments

According to our "Global Entrepreneur Report 2018", 39% of Elite Entrepreneurs consider that a positive impact is an essential factor in evaluating the performance of their business, compared to 10% two years ago. 55% have invested part of their assets with the aim of achieving socially responsible results. To respond to this growing appetite, we are developing new solutions to facilitate access to sustainable investments in all regions of the world. BNP Paribas Wealth Management was one of the first private banks to launch an SRI offering 13 years ago. We have reached today €15bn of client assets in sustainable investments with a strong short-term goal to reach €20bn by 2020. >> Find out more

#GlobalEntrepreneurReport

2019 BNP Paribas Global Entrepreneur Report: Deep-dive into the investments of the most successful entrepreneurs

The 5th edition of 2019 BNP Paribas Global Entrepreneurs Report reveals the preferred private investments of wealthy investors - the “Elite” Entrepreneurs, the trends that shape their choices in terms of portfolio allocation and the different Life stages of 'Elite' entrepreneurs and their need for family governance. >> Find out more

#Family

Meeting governance needs and assisting family businesses

o In France, the "Family and Heritage" initiative advises families on matters of inheritance and management during a day of meeting with experts (wealth planning, investments, family governance ...).

o In Belgium, where family companies represent 33% of GDP and 45% of employment, the online information portal, “FamilyBiz”, provides practical answers to questions from family business managers, offers analyzes and gives access to a network of experts. The “Paxfamilia” service is reinventing wealth management and estate planning. Our customers benefit from a new digital offer allowing access to a platform facilitating the management of their wealth in the family setting by including all their assets, to manage their documents intelligently and in a dematerialized manner using a strong electronics, and to prepare for inheritance issues through advanced simulation tools.

 #FamilyOffice

Meeting families' unique needs for wealth management

o Partner of the largest families in Europe: BNP Paribas Wealth Management is the exclusive sponsor of the 8th "European Families in Business Awards" rewarding the most sophisticated Family Offices in Europe in Milan. Distinguished business families have been essential drivers of economic growth and sustainability across the continent for decades. >> Find out more

o Single Family Office Forums: we bring together professionals who support their families during a day of peer learning and networking. The program, tailored to each geographic region, provides new investment ideas and market knowledge to help them plan their investments. Events are held worldwide in Paris, Luxembourg, Singapore, Hong Kong and Dubai. >> Find out more

#WealthSideStories

Wealth side stories: discover season 2 of this digital family saga!

Meet Julia, Simon, Emma and Mimma in different life situations impacting their heritage and the solutions provided by BNP Paribas Wealth Management in response to their problems, whether it is expatriation, real estate investment, impact or alternative. >> Find out more

#RuralLandMarket

Agrifrance Special Report 2019: the rural land market in Great Britain

For 20 years, Agrifrance has published its annual economic outlook and shed light on investment in rural land. This year, the study focuses on the rural land market in France and compares it this year with the market in Great Britain. >> Find out more

#WomenEntrepreneurs

BNP Paribas Wealth Management, with the support of the global network of women entrepreneurs FCEM (Femmes Chefs d'Entreprises Mondiales), rewarded the French entrepreneur Myriam Maestroni in 2019. The CEO and French founder of Economy of Energy was chosen from 30 international candidates from 17 countries. >> Find out more

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