10.07.2015 Views

2007 REGISTRATION DOCUMENT

2007 REGISTRATION DOCUMENT

2007 REGISTRATION DOCUMENT

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

7 TheSOCIAL AND ENVIRONMENTAL INFORMATIONpeople of BNP Paribas7.1 The people of BNP Paribas< Contents >1WORKFORCE EXPANSION (1)Group staff expanded to 162,687 full-time equivalent employees (FTEs)at 31 December <strong>2007</strong>, up 20,776 on 2006. The increase was a reflectionof development across all businesses, but was primarily due to externalgrowth in specialised financing solutions.The consolidation of LaSer Cofinoga and the acquisition of the Indianbrokerage firm Geojit accounted for 7,496 and 2,464 extra employeesrespectively. At constant scope, organic growth gave rise to 8,174 FTEs(1,291 in France and 6,883 in other countries), primarily in InternationalThe Group’s workforce breaks down as follows:➤BY GEOGRAPHICAL AREARetail banking and Financial Services (IR FS), Asset Management andServices (AMS) and Corporate and Investment Banking (CIB).Outside France, the majority of territories created net new jobs in<strong>2007</strong>. Northern Europe was particularly buoyant, especially Ukraine,Poland, the United Kingdom and Russia. Net increases also occurredin the Mediterranean zone, in Spain, Portugal, Turkey, Egypt, Algeriaand Morocco.234562005 2006 <strong>2007</strong>France 55,499 57,123 64,080Europe (excl. France) 25,205 53,461 62,473 (*)North America 14,979 14,810 15,046Asia 4,785 5,571 8,833Africa 5,661 6,201 6,692South America 2,363 2,924 3,287Middle East 868 1,308 1,700Oceania 420 513 576TOTAL 109,780 141,911 162,687(*)Of which Italy accounts for 19,901.789(1) For human resources growth data, this analysis takes into account all FTE staff managed by BNP Paribas as opposed to the consolidated workforce, which islimited to staff working for fully or proportionally consolidated entities calculated pro rata to the percentage consolidation of the subsidiaries concerned:Full-time equivalents (FTEs) 2002 2003 2004 2005 2006 <strong>2007</strong>Consolidated workforce 87,685 89,071 94,892 101,917 132,507 145,477Total workforce 92,488 93,508 99,433 109,780 141,911 162,6871011238<strong>2007</strong> Registration document - BNP PARIBAS

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!