BNP Paribas aims higher in retirement savings

Posted on Dec. 2020 at 19:21Updated Dec 15. 2020 at 19:36

The building on rue Bergère, in the 9th arrondissement of Paris, will continue to empty. After the voluntary departure plan of BNP Paribas Asset Management (BNPP AM), almost completed and which results in 143 job cuts in France, the asset manager will lose some of its tenants. BNP Paribas is in fact preparing to move 80 to 100 people from its Epargne Retraite Entreprise (ERE) business, now housed within its asset management subsidiary, have learned” The echoes “. BNP Paribas Cardif, the group’s insurance company, should welcome, by the end of 2021, the 80 to 100 employees of ERE in its headquarters in Rueil-Malmaison, specifies a union source. The project was presented Tuesday to elected officials of the two subsidiaries.

“BNP Paribas Asset Management and BNP Paribas Cardif confirm their desire to strengthen their partnership regarding the strategic and operational management of BNP Paribas Epargne et Retraite Entreprises, reacted the bank, without specifying the contours of this project. Within the framework of the Pacte law, the two entities have positioned themselves offensively on the development of retirement solutions and now wish to pool their expertise and strengthen their collaboration around this strategic issue. “

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