BNP Paribas has been named GlobalCapital'sDerivatives Bank of the Year. The bank also landed awards for best credit derivatives bank and best interest rates derivatives bank.
BNP Paribas won Global Capital's Derivatives Bank of the Year and also collected awards for best credit derivatives and best interest rates derivatives bank.
The GlobalCapital Derivatives awards recognise banks that have grown, innovated and strengthened the global derivatives market over the past year. They are judged by the editors of GlobalCapital along with market participants. This is the second time BNP Paribas has won the Derivatives Bank of the Year award since the creation of the Global Markets business in 2014.
Olivier Osty, Executive Head of Global Markets said: "It is an honour to win the Derivatives Bank of the Year Award and the bank awards for both Credit and Interest Rate Derivatives. At BNP Paribas Global Markets we build long-term relationships with our corporate and institutional clients, serving them with innovative solutions that meet their needs worldwide across all asset classes. Winning these awards is a testament to the strength of these relationships, and I would like to thank all our clients and teams for making this achievement possible."
In relation to the Derivatives Bank of the Year award, GlobalCapital said: "BNP Paribas demonstrated an impressive strategy for expanding its derivatives offering while maintaining its existing strengths and won praise for its can do attitude in adapting to technological change."