BNP Paribas is a banking institution based in Paris, France. Established in 1848, the bank holds key positions in three core activities of business namely retail banking, investment solutions, and corporate and investment banking. It primarily offers advisory services for mergers and acquisitions and primary equity market transactions. The bank's primary market services include flotations, equity issues, secondary issue placements, and convertible bond issues. In addition, the bank designs and structures financing arrangements, such as syndicated loans, acquisition, and LBO financing, media and telecommunications financing, and real estate financing. The assets of the bank are managed by the executive management team.