CEEMEA platform crucial for BNPP’s EM franchise

Fined a record $8.9bn by the US Justice Department for evading sanctions on Sudan, Cuba and Iran and hit by a dollar trading ban on parts of oil and gas business that starts next year, it’s safe to say BNP Paribas has had better weeks. Quite how the heavy punishment will affect BNPP’s ambitions and operations in the US remains to be seen. However, the French bank remains determined to continue the development of its emerging markets business, including its successful CEEMEA franchise. GlobalCapital’s Francesca Young speaks to Nick Darrant, head of CEEMEA syndicate, Giulio Baratta, head of CEEMEA DCM and Alexis Taffin de Tilques, managing director, head of CEE, near-East and Africa DCM about how the bank wins business in the region.