BNP Paribas Wealth Management boosts its presence in the US
Bank of the West, part of the BNP Paribas Group, opens Midtown Manhattan location to serve high-net-worth clients in New York City and the surrounding region, with an emphasis on ex-patriates.
Bank of the West Wealth Management Group announced today the opening of their first office in New York, located at 787 7th Ave at the BNP Paribas USA office. The group’s team of experts will offer cutting-edge wealth management products and services to families, business owners and high-net-worth individuals in New York City and the surrounding area.
“Our unified, global approach to wealth management, which is backed by the extensive capabilities of BNP Paribas, positions us well to be able to meet the needs of expatriate clients. We believe there is significant potential to grow our presence in New York, one of the largest wealth markets in the world.”
PIERRE RAMADIER
Head of Bank of the West Wealth Management
Bank of the West’s full-service, global investing capabilities will be available in the new Midtown space, along with providing traditional wealth services like brokerage and advisory, portfolio management, philanthropic services, along with financial and estate planning.
“The opening of this first centre in New York underscores our commitment to supporting entrepreneurship, innovation and international networking. We will be able to support our clients in their development both in the Silicon Valley and in New York". It will also facilitate the access to our strong European home base all the way to our growing presence in Asia”.
SOFIA MERLO
Co-CEO of BNP Paribas Wealth Management
About BNP Paribas Wealth Management
BNP Paribas Wealth Management is a leading global private bank and the largest private bank in the Eurozone. Present in three hubs in Europe, Asia and the US, over 6,800 professionals provide a private investor clientele with solutions for optimising and managing their assets. The bank has €364 billion worth of assets under management (as at 31 December 2017) and was awarded “Best Private Bank in Europe, in Asia and in the Western United States” in 2017.
About Bank of the West Wealth Management
Bank of the West Wealth Management provides wealth planning, investment management, personal banking, philanthropy, and trust and fiduciary services. The group is part of BNP Paribas' global wealth management business of more than 6,800 professionals present in three hubs in Europe, Asia and the U.S. with more than $13.08 billion in assets under management in the United States and €364 billion ($414.7 billion) in assets under management globally as of December 31, 2017.
Bank of the West is a financial services company headquartered in San Francisco with $89.8 billion in assets as of December 31, 2017. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 branches and offices in 24 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, a leading bank in Europe, which has a presence in 74 countries with more than 192,000 employees. To learn more about Bank of the West, visit About Us via BankoftheWest.com.
Press contact - BNP Paribas Wealth Management
Servane Costrel de Corainville - +33(0)6.74.81.98.27 – servane.costreldecorainville@bnpparibas.com