The 1960s to 1980 saw Paribas start an investment bank in New York which it expanded into an internal banking network with offices in a number of countries and started an asset management services to private and institutional clients.[4] Claude de Kemoularia was an important executive in the bank during this period. It also directs its activity towards businesses and participates in the development and restructuring of French industry including names such as Bull, CSF, Thomson.