FAQs
What is the main focus of the Financial Institutions Coverage (FIC) team?
The main focus of the Financial Institutions Coverage (FIC) team is to manage relationships with the bank's largest institutional clients across key sectors such as banks, hedge funds, asset managers, insurance companies, private equity sponsors, and sovereign nations.
What type of clients does FIC work with?
FIC works with the bank's largest institutional clients, which include banks, hedge funds, asset managers, insurance companies, private equity sponsors, and sovereign nations.
How does FIC collaborate with other departments at BNP Paribas?
FIC collaborates closely with key product partners across various departments, including Sales & Trading (Credit, Equities, Foreign Exchange, etc.), Debt Capital Markets, Leveraged Finance, Corporate Finance, and Clearing and Custody, to execute deals and build strong partnerships with clients.
What kind of expertise do FIC Bankers offer?
FIC Bankers provide industry-specific expertise, understanding key industry trends that impact business opportunities, and offer strategic advisory by developing and managing C-Suite and strategic client relationships.
What kind of solutions do FIC Bankers provide to their clients?
FIC Bankers offer high-quality, customized solutions utilizing the extensive resources provided by BNP Paribas’ global product offering and its extensive international network.
Why is the FIC team important within BNP Paribas?
The FIC team is important within BNP Paribas as it is at the heart of the bank's Corporate and Institutional Banking (CIB), focusing on developing and leading global long-term relationships with institutional clients.
What can summer interns expect to learn while interning with FIC?
Summer interns can expect to learn about managing institutional client relationships, developing industry-specific expertise, and gaining insights into strategic advisory practices and customized financial solutions within a global banking context.
Is there a specific industry or sector knowledge required for the internship?
While specific industry knowledge is beneficial, the internship is open to individuals willing to learn about key industry trends and dynamics in sectors such as banking, hedge funds, asset management, and others relevant to FIC.
What skills are important for a successful internship in FIC?
Important skills for a successful internship in FIC include strong analytical and communication skills, an understanding of financial markets, the ability to work collaboratively, and an eagerness to develop client relationship management capabilities.