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FIG Banking Primer

60 pages

About this resource

FIG is one of the biggest revenue-generating groups at most banks, yet it is the least understood by candidates. This primer covers everything you need: what FIG covers (banks, insurance, asset managers, fintech, exchanges, brokers, financial processors), why the balance sheet drives the P&L in FIG (the opposite of how most sectors work), how Net Interest Income works (50-75% of bank revenues), cost of capital synergies in bank M&A (if Company A funds at 5% and acquires Company B funding at 10%, there are immediate interest cost synergies), regulatory-driven M&A dynamics, and the FIG-specific buy-side exit landscape (Stone Point, Apollo FIG, Warburg, H&F, GTCR, MDP, Genstar). Includes FIG interview questions with model answers and firm-specific intelligence.

What’s inside

01What FIG Covers — The Full Landscape
02How Banks Make Money — Net Interest Income
03Balance Sheet Drives P&L — The FIG Mental Model
04Bank M&A — Cost of Capital Synergies and Regulatory Dynamics
05Insurance, Asset Management, and Fintech M&A
06FIG-Specific Buy-Side Exits
07GS FIG and the Exit Advantage
08The Pigeonholing Risk vs Promotion Advantage
09FIG Interview Questions With Model Answers

What's included

How FIG differs from every other sector — balance sheet drives P&L, not the other way around
Net Interest Income mechanics: 50-75% of bank revenues explained
Cost of capital synergies in bank M&A — the concept most candidates miss
FIG-specific PE exits: Stone Point, Apollo FIG, Warburg, H&F, GTCR, MDP, Genstar
FIG interview questions with model answers and firm-specific intelligence
FIGfinancial institutionsbank M&ANIIinterviewGoldman Sachs

Price

$49

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