BNP Paribas to increase European presence
BNP Paribas is keen to expand its footprint in the United Kingdom as it looks to exploit uncertainty around Brexit.
France’s biggest bank is aiming to replicate the strategy it has rolled out in Germany by targeting medium-sized businesses with financial products and advice, reports the Financial Times.
BNP is rapidly adding numbers to its already 8,500-strong workforce in the UK, with a number of senior additions made including the recent appointment of Yannick Jung as its Head of Global Banking for Europe.
“Many of our competitors on the ground servicing UK customers are already distracted by Brexit, but for us it is less of a distraction.” says, Yannick Jung