BNP Paribas Appoints Emily Lu To Its New York Interest Rate Group


NEW YORK, Feb. 15, 2005 (PRIMEZONE) -- BNP Paribas (Pink Sheets:BNPQY) is pleased to announce the appointment of Emily Lu to its Interest Rate Group (IRG) in New York. Emily will also be part of the Greater China bond sales team based in Asia, and will assume coverage of Chinese institutional investors working during the New York session. She will report to Liu Xi, Head of Bond Sales China and locally to Dan O Connor, Director within the Investor Coverage Group.

Emily joins the firm from Fimat USA Inc. where she worked for 2 years in fixed income sales to the Chinese institutional investor client base.

Commenting on the appointment, Zbigniew Ryzak, Head of IRG, North America said, "With this hire, Fixed Income has established an integrated global sales team to meet the demands of our Chinese investors around the world who require quality execution around the clock."

Vasan Varathan, Head of Investor Coverage, IRG, North America added, "We now have three salespeople covering off-shore accounts for US dollar products during New York hours with global well integrated sales teams."

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, with a significant and growing presence in the United Sates and leading positions in Asia. The most profitable bank in the Euro zone, it has a presence in 85 countries with 89,400 employees. The group enjoys key positions in Corporate and Investment Banking, Private Banking & Asset Management, Insurance, Securities Services and Retail Banking.

BNP Paribas provides a full array of financial products through a portfolio of brands that cover a variety of distribution channels. With offices in New York, BNP Paribas in North America offers a broad range of corporate, investment banking and securities brokerage activities. With locations in all the major corporate and financial centers across the United States and Canada, BNP Paribas in North America serves a world-class client base of multinational corporate and mid-cap companies, major issuers and institutional buyers. As a registered NASD broker-dealer and member of SIPC, BNP Paribas Securities Corp. trades and markets a vast array of global and domestic fixed income and equity products



            

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