2022 Full Year Results
CIB Global Markets - 2022
Very strong increase in revenues sustained by solid demand
Very robust client activity on the whole
•
Fixed income, currencies & commodities: very strong client
demand, driven in particular by reallocation and hedging needs in
rates and foreign exchange products, emerging markets and
commodity derivatives
Equity markets: sustained level of activity in derivatives, good level of
activity of prime services
Strong growth in revenues
€m
8,660
6,819 6,820
3,426
5,570 1,166
2,872
2,007
•
Primary bond markets: #1 in euro-denominated bond issuance led
globally on a decreasing market1 #1 worldwide in green bonds
issuance²
5,652
5,234
3,563
3,947
Ongoing digitalisation
•
•
Consolidation of leadership positions in multi-dealer electronic
platforms
An enriched offering: agreement to acquire³ Kantox, a platform for
automation of currency risk management for corporates
Revenues: €8,660m
(+27.0% vs. 2021)
FICC (+32.6%): very good performance in rates, foreign exchange, emerging
markets and commodity derivatives; context less favourable on the primary and
credit markets
Equity & Prime Services (+19.3%): good level of client activity, particularly in
equity derivatives, and a good level of contribution from prime services
2019
2020
2021
2022
FICC
Equity & Prime Services
Ranking on multi-dealer
electronic platforms
Forex market
Rates market
Credit market
#1 in NDFs and swaps4
#1 on € government bonds5
#2 in € bonds issued by
financial institutions6
#2 overall on € bonds6
Equity derivatives #1 on listed warrants and
securities in Europe?
1. Source: Dealogic as at 31.12.22; bookrunner in volume; 2. Source: Bloomberg as at 31.12.22, bookrunner in volume; 3. In partnership with CPBS; subject to regulatory approvals; 4. Source: Bloomberg, 2022;
5. Source: Bloomberg and Tradeweb, 2022; 6. Source: Bloomberg, 2022; 7. In market share in 2022; source: aggregated volumes (i) reported by the exchanges and (ii) traded on OTC platforms
BNP PARIBAS
The bank for a changing world
2022 Full Year Results | 26
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