MIAMI–(BUSINESS WIRE)–BNP Paribas Securities Corp., a unit of Europe’s leading bank BNP Paribas, today announces the official opening of its new Miami location with a ribbon cutting ceremony complete with speeches from national, state and local elected officials, Miami area trade groups, French trade and government representatives, senior BNP Paribas officials and staff, and others.
BNP Paribas also hosted a tour of its fully completed offices and in celebration of Art Basel Miami Beach art fair, currently being held in Miami, had an unveiling of the office’s artwork created by Najja Moon, a rising local Miami artist supporting strong diversity, equity and inclusion ideals.
José Placido, Chief Executive Officer of BNP Paribas USA and CIB Americas, said: “Today’s Miami office opening expands our business in the US, notably our global markets business, and supports our global growth ambitions. Adding Miami as a key location for our corporate and institutional banking business will be an important part in getting closer to our many clients in the South Florida area and servicing their needs more efficiently.”
Matt O’Connor, Head of the BNP Paribas Miami office, said: “We’re very happy to officially open our brand new office in Miami today. I want to thank everyone who’s helped BNP Paribas make this happen, including elected officials, trade groups, architects, BNP Paribas staff, and many others. We look forward to this new beginning, with a sustainably designed office and also developing a bigger partnership with the vibrant greater Miami community.”
BNP Paribas Securities Corp.’s Miami office is the latest example of the firm’s efforts to create best-in-class platforms and products for its increasing numbers of Miami-area clients, and focuses on equities, credit, and macro Global Markets products.
BNP Paribas has committed to invest into its Miami office project, creating up to 50 new, full-time, highly-specialized professional jobs in South Florida over the next year. The new location will accommodate staff and visiting clients with nearly 7,700 rentable square footage and is located at 801 Brickell Avenue in Miami’s financial hub.
Miami-Dade County Mayor Daniella Levine Cava, said: “BNP Paribas choosing Miami to open its newest office reinforces our community’s status as a top financial market within the global economy. We’re proud to work with partners like the Miami-Dade Beacon Council to not only attract leaders like BNP Paribas to our market, but also help them tap into local talent and engage in our thriving business ecosystem. We look forward to having another of the largest banks in the world call Miami-Dade home.”
Rodrick Miller, President & CEO, Miami-Dade Beacon Council, said: “BNP Paribas’ expansion to Miami is a direct outgrowth of our long-standing relationship with France, French companies and the French people. On our most recent mission, we heard consistently that Miami is the market where French companies are investing and want to be, and our relationship with Latin America and the Caribbean sealed Miami as the clear choice for BNP Paribas, Europe’s largest bank. This expansion is an important addition to our global finance sector, and we look forward to helping them source talent and engage deeply with Miami-Dade’s thriving business ecosystem.”
Raphaël Trapp, Consul General of France in Miami, said: “The opening of an office of BNP Paribas in Miami is excellent news for the economic ties between France and Florida. It is, above all, a good indicator of the dynamism that characterizes business in South Florida thanks to the work done jointly by private and public partners for several years. Should this economic trend continue over time, it would allow the expansion of BNP Paribas’ office and the creation of more qualified jobs in Miami. It would also consolidate the position of France which is, currently, in the top 4 of foreign employers in Florida with more than 400 companies and 32, 700 jobs created by French companies.”
Annabelle Ballot-Pottier, Executive Director of the French-American Chamber of Commerce Florida, said: “The French-American Chamber of Commerce Florida is proud to celebrate the opening of BNP Paribas’ office in Miami, a significant symbol of economic recovery and the major role played by Florida in transatlantic exchanges. The entire team at FACC Florida is excited to see the French business community continue to thrive.”
As BNP Paribas continues to pursue and execute on its growth ambitions in the region, the Miami campus will integrate seamlessly with the bank’s other offices in New York City, NY, Jersey City, NJ, and Chesterbrook, PA, outside Philadelphia, each with their own strong identity.
BNP Paribas employees are empowered to do their best work and be supported with active lifestyle amenities offered in the new office. The office features modern spaces, technology and a beautiful, natural environment.
Dawn Gunter, Office Director and Principal at Gensler Miami, said: “The new BNP Paribas is a testament to the resiliency of office in 2023 and beyond. The space is an investment in the South Florida marketplace, and above all, it underscores the firm’s commitment to serving their clients and supporting their talent. The Gensler Miami team is proud to have partnered with BNP Paribas to design this new workplace and demonstrate how thoughtful design can foster innovation and deepen client relationships.”
In January 2023, BNP Paribas announced its intentions to open a Miami office, and in August 2023, the bank appointed Matt O’Connor as Head of its new Miami office and Annabella Espina the Chief Operating Officer (COO).
BNP Paribas is a premier global banking partner and has built a strong and diversified presence and product suite in the United States (US) to help serve its clients in today’s changing world. The bank employs over 3,500 people in the US across 10 states including Miami, FL. Large corporate and institutional clients are served by BNP Paribas’ Corporate & Institutional Banking franchise that has a presence in the main US cities, in addition to a wide international reach through a network of offices in EMEA and APAC. The bank also offers asset management services through BNP Paribas Asset Management as well as Real Estate and Fleet Services through partnerships. www.usa.bnpparibas.com
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.
