BNP Paribas Securities Services, a wholly-owned subsidiary of BNP Paribas Group, has opened a new office in Barcelona, Spain, as part its strategy and to expand its geographical presence and broadening its service offering.
The new office in Barcelona will provide tailor-made clearing and custody solutions in the Spanish market.
In addition to custody and settlement related services, BNP Paribas will also offer outsourcing services related to investment operations depositary bank services for mutual and pension funds.
Lluis Morral has been appointed as sales and relationship manager for BNP Paribas Securities Services for the Catalunya region.
Morral has 20 years of experience in Fortis Gesbeta (Fortis Group) providing services with Spanish clients. He will be part of the BNP Paribas Securities Services Client Development team in Spain.