When Covid-19 sent countries into lockdown, the main challenge for brokers was to stay connected — and flexible, according to Theepan Jothilingam, head of research at Exane BNP Paribas.

“We were well-shaped in the people we have, and we had great infrastructure,” he said. “The challenge was to retain the strong relationships in our team while working from home and maintain the exceptional relationships that we’ve had with investors and corporates.”

Five months into the global pandemic, the research head reports that has his team has more than risen to that challenge. “Our analysts have adapted and they have been flexible,” Jothilingam said.

It helps that Exane BNPP has “really invested in quality,” he added, describing his team as “one of the most experienced bench of sell-side analysts on the street in Europe.” This investment has been validated over the last few years, as the European bank dominated Extel’s rankings of the region’s top brokers.

Now, the Extel survey has been merged with Institutional Investor’s European rankings — and Exane BNPP has retained its position at the top of the pack, tying with for first place with UBS in the 2020 All-Europe Research Team.

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