BNP Paribas Strengthens Presence in South Florida With Opening of Miami Office

BNP Paribas SA is expanding its global markets business in the US with the opening of its first office in Miami. BNP Paribas Securities Corp. has signed a 7 ½-year lease for space at 801 Brickell Ave. in Miami’s financial hub. The office is expected to open in the fourth quarter and will accommodate nearly 50 employees across credit, equities and macro products. The expansion will enable the bank to cater to an increasing number of potential clients in the region.
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BNP Paribas Securities Corp. is expanding its presence in South Florida with a new office in Miami. The move will allow the company to be closer to its clients, many of whom have migrated to the area in recent years.BNP's Miami hub will focus on adding new clients in South Florida, and also provide a gateway to fresh business in Latin America and other areas. The company plans to find current employees willing to move to the region first, before expanding its search to local candidates.While the bank has had a presence in the city before, this is the first Miami office for BNP Paribas Securities Corp. The company's expansion comes as Miami's office market is booming, with many companies relocating to or expanding in the area to be near employees and clients who have moved there for the warmer weather, outdoor space and friendly business environment.