Investment Banking

Inside BNP Paribas’ UK dealmaking push: ‘No excuses’

The French bank has upped its ambitions to catch rivals in UK investment banking and become a top 10 player

Matthew Ponsonby says the bank doesn't have any missing pieces for its UK ambitions
Matthew Ponsonby says the bank doesn't have any missing pieces for its UK ambitions

When Matthew Ponsonby set out a five-year plan to grow BNP Paribas’ UK investment banking business in 2020, he decided on a code-name: ‘no excuses’.

The French bank was on a tear in 2020 as the Covid-19 pandemic swept across the world, offering financing to clients in desperate need of capital, pushing it to third in the investment banking fee league tables in Europe, the Middle East and Africa.

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