2007 REGISTRATION DOCUMENT

1 TheTHE BNP PARIBAS GROUPGroup’s core businesses and divisionsGLOBAL CLIENT SERVICEBNP Paribas Corporate Finance and Investment has made client relationsthe cornerstone of its strategy, with the primary aims of:■ developing long-term relationships with its clients;■ meeting all their needs by making available the Bank’s entire productrange and offering:■■■a single client interface,coordinated access to the product specialists in all of the Group’sbusiness lines,the ability to advise on and structure global, innovative solutionsadapted to the client’s specific requirements.To achieve these aims some 1,000 staff – relationship managers andcredit analysts – have been tasked with serving:■ 6,300 corporate clients:■ major corporations,■ medium-sized businesses with high development potential;■ 800 financial institutions:■ general and specialised banks (public or private),■ insurance companies, mutual health insurers, personal riskprotection providers,■ pension funds,■ fund managers,■ central banks and global organisations,■ 65 investment funds focused primarily on the private equitysector,■ sovereign funds.These resources are deployed in all of the regions of the world whereBNP Paribas operates, particularly:■ France, Italy and western European countries, which today representBNP Paribas’ core domestic market;■ central and eastern Europe, identified by the Bank as a high potentialdevelopment zone;■ the developed markets of North America, Japan and Australia;■ markets targeted for their high growth and business potential,particularly continental Asia, the Middle East – where the Bank hasa deep footprint in most countries – and Latin America.BNP Paribas Corporate and Investment Banking is also committed toreinforcing its resources in five high-growth countries/zones in orderto better serve its clients: China, India, Russia, Latin America and theMiddle East.ADVISORY AND CAPITAL MARKETSCorporate FinanceCorporate Finance offers advisory services for mergers and acquisitionsand primary equity market transactions. The M&A teams advise bothbuyers and targets and also offer advice on other strategic financialissues, such as privatisations. Primary market services include flotations,equity issues, secondary issue placements, and convertible/exchangeablebond issues.Corporate Finance has implemented a matrix organisation designedto give clients access to the best combination of specialists in eachproduct, industry and geographical area, while optimising resourcemanagement.Corporate Finance employs some 400 professionals located throughoutits worldwide network. Focused first and foremost on Europe, it is alsopresent in North and South America and enjoys strong visibility in Asia(with more than 100 professionals) and in emerging countries.Ranked n°1 in France (source: Thomson Financial), BNP Paribas is amongthe leading banks in Europe advising on mergers and acquisitions (ranked10th in Europe according to Thomson based on transaction volumesannounced in 2007). The Dealogic Equityware/Thomson ranking placedthe Bank among the 15 leading institutions for primary equity businessin Europe.Equities and Derivatives< Contents >BNP Paribas CIB’s Equities & Derivatives business line encompassesresearch, structuring, trading and sales of equities, equity derivatives,indices and funds. With some one thousand front office staff basedacross five core platforms, the business line is active on both the primaryand secondary markets.Equities & Derivatives solutions address the various needs of financialinstitutions, hedge funds as well as corporate and retail clients in over60 countries worldwide. With a strong heritage in structured products,a product line which continues to grow, BNP Paribas, over the lastfew years, has also developed a comprehensive range of flow productsolutions addressing financing, indexing, leveraging, hedging and marketaccess needs.BNP Paribas has developed a global leadership in the equity derivativesindustry by holding some of the largest trading positions and marketshares worldwide as well as always differentiating itself through acapacity to innovate. Thanks to in-house quantitative skills for advancedproduct design and the significant resources dedicated to new productstrategies, Equities & Derivatives has developed a solid reputation forinnovation, able to deliver the most appropriate tailor-made solutionsto fit the specific needs of clients in all market climates.Equities & Derivatives experienced significant growth during 2007, onceagain confirming BNP Paribas’ global leadership in this industry.The equity derivatives business received more industry awards than everbefore:■ “Structured Products House of the Year” from Risk magazine;■ “Derivatives House of the Year, Asia-ex Japan” from AsiaRiskmagazine;■ “Deal of the Year, Asia” from AsiaRisk magazine;■ “Structured Products House of the Year” from Euromoneymagazine;■ “Equity Derivatives House of the Year” from Structured Productsmagazine;■ “Structurer of the Year, North America” from Structured Productsmagazine;■ “Equity Derivatives House of the Year” from Futures and Options Worldmagazine;■ “Equity Derivatives House of the Year, Americas” from Global Financemagazine.1234567891011122007 Registration document - BNP PARIBAS