BNP Paribas is an international commercial bank established in 1848 and headquartered in Paris, France. The bank provides a wide range of financial services such as mergers and acquisitions, primary equity market transactions, mortgages, and privatizations. The bank also arranges equity, secondary issue placements, flotations, and convertible bond and structures financing arrangements such as syndicated loans, acquisitions, and leveraged buyouts. The bank operates globally offering various investment products such as mutual funds, life insurance, real estate credit, and securities to its clients which include issuers, financial intermediaries, and institutional investors. BNP Paribas caters to industries including healthcare, energy, legal services, materials, and resources, information technology, and financial services among others.