(PRESS RELEASE) PARIS, 29-Jul-2019 — /EuropaWire/ — BNP Paribas Wealth Management has formed a strategic partnership with FrenchFounders to support their members and all decision makers in their international mobility in managing their assets. As part of the new partnership, FrenchFounders’ members will be provided with expert advice and a single window across ten countries around the world. While for BNP Paribas Wealth Management the new partnership will strengthen its global support for expatriates.
Present across Europe, Asia and the United States, BNP Paribas Wealth Management is Eurozone’s largest private bank. The bank employs 7,000 experts that support private investors in protecting, growing and passing on their assets, bringing long-term value to themselves, their families and society. As of March 2019, BNP Paribas Wealth Management has €377 billion worth of assets under management and was named ‘Best Private Bank for Entrepreneurs’ in 2016 and 2017.
FrenchFounders is a business club that has more than 4000 CEOs, top executives, French speaking entrepreneurs and investors as its members. The club runs a personalised networking platform and hosts 400+ private events per year with emblematic speakers with the mission to facilitate the connection between its members for business exchanges. FrenchFounders is present in the following locations around the world: New York, San Francisco, Los Angeles, Miami, Montreal, Paris, London, Madrid, Shanghai, Singapore and Hong Kong.
Commenting on the new partnership with BNP Paribas Wealth Management, Benoit Buridant, co-founder and CEO of FrenchFounders, said:
“International mobility causes many financial upheavals and may have a significant impact on an expatriate’s asset management, day-to-day banking operations and international transfers. In our community, we are often asked about banking and wealth management support during an expatriation or repatriation. BNP Paribas Wealth Management, through its European anchoring and international coverage, is positioning itself as a preferred contact to guide members of FrenchFounders on these specific issues.”
Commenting on the partnership with FrenchFounders, Sofia Merlo, co-CEO of BNP Paribas Wealth Management, said:
“We are very pleased to enter into this partnership with FrenchFounders. We are committed to being the privileged banking partner of their network of French-speaking decision makers and to providing them with our support and expertise around the world through our single window approach. As such, we have strengthened our global support mechanism for expatriates with a dedicated offer covering around ten countries. We are therefore able to meet all of their wealth management needs: from day-to-day banking to credit and succession planning.”
Also, Vincent Lecomte, co-CEO of BNP Paribas Wealth Management, commented further:
“We leverage our international network to offer our clients the best possible experience in their international mobility. In the country where they travel, we can advise them on their financial needs thanks to our solid local market knowledge. We are able to manage their assets in line with their long term objectives while creating bridges between their professional and private wealth.”
What’s included in the BNP Paribas Wealth Management’s offering to expatriates:
- Daily banking
- Opening an account in the host country
- Foreign exchange and money transfer
- Pay and withdraw money abroad
- E-banking app
- Wealth organization
- Family governance
- Wealth engineering
- Properties management
- Retirement planning
- Savings & investments
- Manage the client’s investments in their home country
- Manage the client’s investments in their host country
- Insurance
Media contacts:
BNP Paribas Wealth Management
Servane Costrel de Corainville
servane.costreldecorainville@bnpparibas.com
06 74 81 98 74
FrenchFounders
Simone Sfeir
simone@frenchfounders.com
SOURCE: BNP Paribas
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