BNP Paribas Reputation
What is the reputation of BNP Paribas in the US?
They're main focus is of course France and Europe, but seems that they are expanding recently in US.
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Based on the most helpful WSO content, BNP Paribas has a nuanced reputation in the United States. While it's a well-respected name in the European circuit, its footprint in the U.S. is not as strong. However, for those interested in international corporate finance or structured finance, BNP Paribas could be a valuable entity to explore further. The bank has been recognized for its achievements, notably being awarded Investment Bank of the Year in four different categories by The Banker in 2020, which indicates a positive trajectory in its operations and reputation.
Furthermore, it's important to note that while BNP Paribas is making strides in the U.S. market, there have been discussions around the bank's culture and career progression opportunities, particularly concerning diversity and inclusion. Some comments from previous WSO threads have highlighted challenges non-French and non-white employees might face in terms of career advancement within the company.
In summary, BNP Paribas holds a respectable position in the finance industry, with a growing presence in the U.S. market. However, potential candidates and partners should consider the bank's culture and the experiences of its diverse workforce when evaluating its overall reputation.
Sources: BNP Paribas Investment Banking, BNP Paribas in 2020, HSBC Reputation Today, Tier 3 bank to PE opps?, Canadian BBs in the US? Pay structure, Presitge?
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